What belongs on FL-142 item 23
Every revolving card and charge account, including paid-monthly, store, business-use and recently closed accounts with material activity.
Use a description that a second reviewer can match to a statement, title record, contract or the opposing disclosure. Record the value state—known, estimated, unknown, pending or none—instead of treating every empty cell as zero.
The source record for credit-card debts
- Complete statements for the relevant period
- Current payoff and pending transactions
- Application or authorized-user status
- Transaction detail for disputed purpose or timing
Completeness checks before service
- Confirm every credit-card debts item has an identifier and custodian or location.
- Tie every amount to an as-of date and retain the source.
- List disputed and unvalued items visibly rather than excluding them.
- Recompute the form totals from the underlying rows and check for duplication.
What moves forward
The ledger entry must preserve its form item, date, value, debt, asserted character and evidence status. That same identity carries into characterization, valuation, negotiation and any final transfer. Statement balance, current balance and payoff can differ. Choose one dated amount and identify pending charges, credits, interest, rewards and autopay.
Questions about this topic
What is the biggest disclose mistake for credit-card debts?
Omitting or combining the item so it cannot be matched to its source.
Can the workspace decide this disclose issue automatically?
It can preserve facts, run arithmetic and expose assumptions. Disputed legal conclusions, professional valuations and third-party transfer decisions still require the appropriate human or institution.
Continue the workflow
California property workflows from disclosure through transfer
Asset-by-asset California workflows for disclosure, characterization, valuation, negotiation and transfer across all FL-142 categories.
Receivables and other assets on California form FL-142
What to identify, document and check when listing receivables and other assets on a California Schedule of Assets and Debts.
A safer California property-settlement workflow
A four-stage workflow from disclosure inventory through legal analysis, allocation, drafting and implementation.