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In re Squires, 17-10828. (2017)

Court: United States Bankruptcy Court, N.D. California Number: inbco20171221843 Visitors: 9
Filed: Dec. 19, 2017
Latest Update: Dec. 19, 2017
Summary: MEMORANDUM REGARDING REVISED CASH COLLATERAL BUDGET WILLIAM J. LAFFERTY, III , Bankruptcy Judge . On December 15, 2017, Debtor filed a Revised Cash Collateral Budget ("the Budget") (doc. 48). It is difficult for the Court to evaluate a budget that contains only expense items and no information concerning income or revenue. Debtor is directed to supplement the Budget with revenue/income information. The supplement should be filed with the Court on or before the end of business on December
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MEMORANDUM REGARDING REVISED CASH COLLATERAL BUDGET

On December 15, 2017, Debtor filed a Revised Cash Collateral Budget ("the Budget") (doc. 48). It is difficult for the Court to evaluate a budget that contains only expense items and no information concerning income or revenue. Debtor is directed to supplement the Budget with revenue/income information. The supplement should be filed with the Court on or before the end of business on December 20, 2017.

Additionally, there is a hearing scheduled in this case for December 21, 2017 at 10:00 a.m. At the hearing, Debtor should be prepared to discuss specifics regarding the budget entries "Admin Costs" and "Owner Draw."

Source:  Leagle

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