A sworn statement of net worth as per FCA 424a shall be filed with the clerk of the court on a date fixed by the court no later than ____ days after the return date of the petition.

• A. 5 days
• B. 10 days
• C. 15 days
• D. 20 days

Answer: (B)

The timing rule being tested is the filing deadline for a sworn statement of net worth under FCA 424a. This document is a sworn financial disclosure listing assets, liabilities, income, and expenses that the court uses to evaluate a party’s financial status in the petition. It must be filed with the clerk on a date fixed by the court, but the latest permissible date is ten days after the petition’s return date. The return date marks when the petition is ready for response, and starting the clock then ensures the court has timely, verified financial information for initial proceedings. The court can set an earlier date if needed, but it cannot require a date later than ten days. This ten-day window keeps the process moving efficiently and provides essential information early in the case.