Local Rule 2082-1: CHAPTER 12 – ESTATE ADMINISTRATION
Bankr. W.D. Tenn. — General rule
TNWB LBR 2082-1 CHAPTER 12 – ESTATE ADMINISTRATION
(a) Financial Reports.
(1) Forms. The United States Trustee shall promptly transmit a form for the filing of financial reports to the debtor in possession after commencement of the case.
(2) Filing Requirement. Unless otherwise ordered by the court, the debtor in possession shall file financial reports with the Clerk setting forth the information required by Federal Rule of Bankruptcy Procedure 2015(b) in the format provided by the United States Trustee and shall continue to file monthly reports until confirmation of a plan, dismissal, or conversion of the case to a case under Chapter 7 of the Bankruptcy Code.
(3) Timing. Unless otherwise ordered by the court, each report shall cover a calendar month; the first report shall be filed thirty (30) days after the case is commenced, and each subsequent report shall be filed by the 15th day of the following month.
(4) Copies to Trustee and United States Trustee. The person submitting each financial report shall certify that a copy was provided to the Chapter 12 trustee and the United States Trustee.
(5) Copies to Interested Parties. Upon written request from any interested party, the debtor in possession shall provide copies of the financial reports for a reasonable cost.
(6) Failure to Comply. Failure to comply with this Local Rule may constitute cause for dismissal of the case.
(b) Summary of Operations. The debtor in possession shall complete and provide to the Chapter 12 trustee and the United States Trustee a summary of operations in a format provided by the United States Trustee. The completed summary shall be delivered to the Chapter 12 trustee and the United States Trustee at least seven (7) days prior to the first setting of the Meeting of Creditors.
(c) Insurance Statement. Within fourteen (14) days after commencement of the case, the debtor shall provide the Chapter 12 trustee and the United States Trustee a verified statement or written evidence from an insurance carrier that the debtor has fire and extended coverage on buildings and contents, inventory, equipment, and motor vehicles.
(d) Tax Returns. The debtor shall provide the Chapter 12 trustee and the United States Trustee a copy of all tax returns due during the pendency of the case within fourteen (14) days after the return is filed with the appropriate taxing authorities.
(e) Other Reports. The Chapter 12 trustee, the United States Trustee, and the court may require other reports deemed appropriate during the administration of the case.