Monthly Post-Petition Tax and Debt Status Report for Crochet & Borel Services, Inc. (July 2008)
Summary
This report, submitted by Crochet & Borel Services, Inc. for July 2008 as part of its bankruptcy proceedings, details the company's post-petition tax liabilities and unpaid debts. It lists federal, state, and local taxes accrued, paid, and outstanding, as well as accounts payable and secured debts. The report also explains that payments to attorneys and interest on a bank note will be made upon court approval. This document is intended to provide the bankruptcy court with a monthly update on the debtor's financial obligations and payment plans.
EX-10.18 19 ex10_18.htm EXHIBIT 10.18 ex10_7.htm
Interest on Texas State Bank note will be paid upon approval from the Court
Exhibit 10.18
| In re | CROCHET & BOREL SERVICES, INC. | Case No. | 08-10290 (BLS) | ||
| Debtor | Reporting Period: | July 1 through July 31 |
STATUS OF POST-PETITION TAXES
The beginning tax liability should be the ending liability from the prior month or, if tills is the first report, the amount should be zero.
Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.
| Federal | Beginning Tax | Withheld and/or Accrued | Paid | Date Paid | Check # or EFT | Ending Tax | ||||||||||||||||||
| Withholding | ||||||||||||||||||||||||
| FICA-Employee | ||||||||||||||||||||||||
| FICA-Employer | ||||||||||||||||||||||||
| Unemployment | ||||||||||||||||||||||||
| Income | ||||||||||||||||||||||||
| Other: | ||||||||||||||||||||||||
| Total Federal Taxes | ||||||||||||||||||||||||
| State and Local | ||||||||||||||||||||||||
| Withholding | ||||||||||||||||||||||||
| Sales | ||||||||||||||||||||||||
| Excise | ||||||||||||||||||||||||
| Unemployment | ||||||||||||||||||||||||
| Real Property | ||||||||||||||||||||||||
| Personal Property | ||||||||||||||||||||||||
| Other: | ||||||||||||||||||||||||
| Total State and Local | ||||||||||||||||||||||||
| Total Taxes |
SUMMARY OF UNPAID POST-PETITION DEBTS
Attach aged listing of accounts payable.
| Number of Days Past Due | ||||||||||||||||||||||||
| Current | 0-30 | 31-60 | 61-90 | Over 91 | Total | |||||||||||||||||||
| Accounts Payable | $ | 1,209 | $ | 968 | $ | 864 | $ | 3,041 | ||||||||||||||||
| Wages Payable | - | |||||||||||||||||||||||
| Taxes Payable | - | |||||||||||||||||||||||
| Rent/Leases-Building | - | |||||||||||||||||||||||
| Rent/Leases-Equipment | - | |||||||||||||||||||||||
| Secured Debt/Adequate Protection Payments | $ | 10,107 | 10,107 | 10,107 | 10,107 | 6950 | 47,378 | |||||||||||||||||
| Professional Fees | - | |||||||||||||||||||||||
| Amounts Due to Insiders | - | |||||||||||||||||||||||
| Other: | - | |||||||||||||||||||||||
| Other: | - | |||||||||||||||||||||||
| Total Post-petition Debts | $ | 10,107 | $ | 10,107 | $ | 11,316 | $ | 11,075 | $ | 7,814 | $ | 50,419 | ||||||||||||
Explain how and when the Debtor intends to pay any past due post-petition debts.
Debtor will make payment to attorneys upon their approval as Ordinary Course Professionals
