Look up: state-of-affairs


  1. Statement of affairs
    The listing of a debtor's assets and liabilities. It is required in receiverships and windings up, and sworn under oath by the debtor before a lawyer or Commissioner for taking oaths.
    Found op http://www.bgateway.com/bdotg/action/glossaryAtoZ?alphaKey=S&site=202&categ

  2. Statement of Affairs
    This is a statement of assets and liabilities of a company at the date of its winding up, Receivership or Administration and is prepared by the directors with the assistance of a licensed Insolvency Practitioner.
    Found op http://www.encyclo.co.uk/local/20636

  3. Statement of Affairs
    A Statement of Affairs is a document sworn under oath and completed by the debtor or by a company representative which details the assets and liabilities of the legal entity concerned when it becomes insolvent. The offence of perjury is committed if the statement of affairs is deliberately misleadin...
    Found op http://www.debtadviceleeds.co.uk/glossary.html

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