My husband is looking to file for Ch 7 but he has one problem...My husband owns his own clinic which it has not been profitable. Since he is still running the business, his attorney asked him for a list of Acct Receivable. Without knowing that it must fall under certain amount ($7k) he listed everything he could think of...from bills that he knows he will not get paid to the ones that he might. For the bills that he will get paid, he will only get a percentage due to contractual agreement with the insurance companies.

Today, my husband presented the acct rec to his attorney and since his list is 11k, his attorney told him it was too much. If submitted to the trustee, it might not get dismissed.


My question is what amount is considered acct receivable? Does it have to be billed already? Should he include the billed amount or the contractual amount?

Please help..any advice will be greatly appreciated