Disclosing money owed and receivables in a California property case

What belongs on FL-142 item 14

Promissory notes, loans to family, accounts receivable, unpaid reimbursements, installment rights and other enforceable payment claims.

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 money owed and receivables

• Signed note, contract, invoice or judgment
• Payment history and current accounting
• Communications about dispute or collectability
• Security, guaranty and limitation records

Completeness checks before service

• Confirm every money owed and receivables 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. Face amount is not necessarily collectible value. Identify interest, maturity, default, security, counterclaims, collection cost and probability assumptions.

Continue the workflow