If a bank account is closed two months before filing bankruptcy and the balance in the account at the time was less than $100, that information is not required to be listed in SOFA so long as bank statements are provided to the bankruptcy trustee.

Question

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When filing for bankruptcy, you are required to disclose all financial accounts and transactions for a certain period before filing, regardless of the account balance or whether the account has been closed. The Statement of Financial Affairs (SOFA) requires detailed information about the debtor's financial history, including closed accounts.

If a Bank Account Is Closed Two Months Before Filing