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How to use or fill out Cook County MBE Does Personal Net Worth 2011 Form
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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the form. This is crucial for establishing the timeframe of your financial information.
Fill in your business name and owner details, including phone numbers and email. Ensure accuracy as this information is vital for communication.
In the 'ASSETS' section, list all assets without using dollar signs. Include cash, savings accounts, real estate, and other personal property. Be thorough to reflect your true net worth.
Next, move to 'LIABILITIES'. Document all debts such as loans and unpaid taxes. Again, avoid dollar signs but ensure clarity in descriptions.
Complete sections detailing sources of income and any notes payable to banks. Attach additional documents if necessary for clarity.
Finally, review your entries for accuracy before signing and dating the form at the bottom. This certification is essential for your application process.
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A personal net worth statement lists your assets and liabilities and provides a clear picture of your financial health.
What is the personal net worth for DBE certification?
Before You Start the DBE Application Process The disadvantaged individual must be a U.S. citizen (or resident alien) and be a member of a socially and economically disadvantaged group. The disadvantaged individual applying must have a personal net worth (PNW) of less than $2,047,000.
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