Local Rule Rule 1019-1: Conversion—Final Report and Account

Rule 1019-1. Conversion—Final Report and Account

(a) The final report and account required by Fed. R. Bankr. P. 1019(e)(1) and 1019(e)(2) shall include a statement of the total funds which passed through the estate, an itemized schedule of disbursements, and the balance on hand at the time of conversion. The form of final report and account prescribed by the United States trustee shall satisfy this requirement in a chapter 13 case and should be used as a guideline in a chapter 11 or chapter 12 case.

(b) If the debtor operated a business in a case converting from chapter 11 or chapter 12 to chapter 7, the debtor in possession at the time of conversion or, if the debtor was not a debtor in possession at the time of conversion, the trustee serving at the time of conversion, shall file a schedule setting forth all business assets at the time of conversion, including cash, deposit accounts, inventory, fixtures, leases and executory contracts, and accounts receivable, and the location thereof. The schedule shall be filed not later than 14 days after conversion by the debtor in possession and not later than 30 days after conversion by the trustee, if a trustee was serving at the time of conversion.