(1) In the event of a general assignment of property for the benefit of creditors under chapter 7.08 RCW, the assignment shall have annexed as schedule A a true list of all of the person‘s known creditors, their mailing addresses, the amount and nature of their claims, and whether their claims are disputed; and as schedule B a true list of all property of the estate, including the estimated liquidation value and location of the property and, if real property, a legal description thereof, as of the date of the assignment.

Ask a litigation question, get an answer ASAP!
Thousands of highly rated, verified litigation lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Washington Code 7.60.090

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Oath: A promise to tell the truth.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(2) In all other cases, within thirty-five days after the date of appointment of a general receiver, the receiver shall file as schedule A a true list of all of the known creditors and applicable regulatory and taxing agencies of the person over whose assets the receiver is appointed, their mailing addresses, the amount and nature of their claims, and whether their claims are disputed; and as schedule B a true list of all property of the estate identifiable by the receiver, including the estimated liquidation value and location of the property and, if real property, a legal description thereof, as of the date of appointment of the receiver.
(3) The schedules must be in substantially the following forms:
SCHEDULE ACREDITOR LIST
1. List all creditors having security interests or liens, showing:
Name
Address
Amount
Collateral
Whether or not disputed
2. List all wages, salaries, commissions, or contributions to an employee benefit plan owed, showing:
Name
Address
Amount
Whether or not disputed
3. List all consumer deposits owed, showing:
Name
Address
Amount
Whether or not disputed
4. List all taxes owed, showing:
Name
Address
Amount
Whether or not disputed
5. List all unsecured claims, showing:
Name
Address
Amount
Whether or not disputed
6. List all owners or shareholders, showing:
Name
Address
Percentage of Ownership
7. List all applicable regulatory agencies, showing:
Name
Address
SCHEDULE BLIST OF PROPERTY
List each category of property and for each give approximate value obtainable for the asset on the date of assignment/appointment of the receiver, and address where asset is located.
I. Nonexempt Property
Description and Location
Liquidation Value on Date of Assignment/Appointment of Receiver
1.
Legal Description and street address of real property, including leasehold interests:
2.
Fixtures:
3.
Cash and bank accounts:
4.
Inventory:
5.
Accounts receivable:
6.
Equipment:
7.
Prepaid expenses, including deposits, insurance, rents, and utilities:
8.
Other, including loans to third parties, claims, and choses in action:
II. Exempt Property
Description and Location
Liquidation Value on Date of Assignment/Appointment of Receiver
I DECLARE under penalty of perjury under the laws of the state of Washington that the foregoing is true, correct, and complete to the best of my knowledge. DATED this . . . day of . . . . . . . ., . . . ., at . . . . . . . ., state of . . . . . . . ..
. . . . . . . . . . . . . . . .
[SIGNATURE]
(4) When schedules are filed by a person making a general assignment of property for the benefit of creditors under chapter 7.08 RCW, the schedules shall be duly verified upon oath by such person.
(5) The receiver shall obtain an appraisal or other independent valuation of the property in the receiver’s possession if ordered by the court.
(6) The receiver shall file a complete inventory of the property in the receiver’s possession if ordered by the court.

NOTES:

PurposeCaptions not law2004 c 165: See notes following RCW 7.60.005.