This form is a statement of financial affairs. This statement must be completed by every debtor. Some of the categories which must be completed by each debtor are: income from employment or operation of business; payments to creditors; and assignments and receiverships.
Arkansas Statement of Financial Affairs - Form 7
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How to fill out Statement Of Financial Affairs - Form 7?
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The SFI Report requires individuals to disclose information on their financial interests, including their sources of income, real estate holdings, stocks and bonds, and other investments.
The statement of financial affairs (SOFA) is intended to capture a historical view of the debtor's finances. Once completed, the SOFA provides creditors with a summary of the debtor's financial history, transactions, and operations over certain periods of time before the petition date.
