Rev. 3/03/2024
|
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, Pub. L. No. 109-8, 119 Stat. 23 ("2005 BAPCA Act) authorizes the US Trustee to contract independent firms to audit individual chapter 7 and 13 cases. The purpose of the audit is to determine the accuracy, veracity, and completeness of petitions, schedules, and other information required to be provided by the debtor.* The report must clearly and conspicuously specify any material misstatement of income, expenditures, or assets identified by the auditor. The report must be filed with the court and transmitted to the US Trustee. See 28 U.S.C. 586(f)(2)(A) *Source: The United States Department of Justice. "Debtor Audit Information". 2022. www.justice.gov/ust/debtor-audit-information. Accessed 16 December 2022. To file an amended or supplemental report. See Audit Report - Amended or Supplemented |
Docket Event:
[Bankruptcy > Auditor's Reports > Auditor's Report]
|
Disclaimer: All information provided on this web site is for informational purposes only and does not constitute legal advice. Information on this web site is subject to change without prior notice. Although every reasonable effort is made to ensure the accuracy of the information presented, the content of this web site is in no way guaranteed. Any links to external web sites are provided as a courtesy and should not be construed as an endorsement of the content or views of linked materials. In addition, the Court does not endorse any particular software packages or other proprietary service provided relative to bankruptcy proceedings. U.S. Bankruptcy Court ● Southern District of Mississippi |