Within twenty (20) days after an assignment is made for the benefit of creditors, the assignor must make and file in the manner prescribed by Section 223 a full and true inventory, showing: 1. All the creditors of the assignor; 2. The place of residence of each creditor, if known to the assignor, or, if not known, that fact must be stated; 3. The sum owing to each creditor, and the nature of each debt or liability, whether arising on written security, account or otherwise; 4. The true consideration of the liability in each case, and the place where it arose; 5. Every existing judgment, mortgage, or other security for the payment of any debt or liability of the assignor; 6. All property of the assignor at the date of the assignment, which is exempt by law from execution; and 7. All the assignor's property at the date of the assignment both real and personal, of every kind not so exempt, and the encumbrances existing thereon, and all vouchers and securities relating thereto, and the value of such property according to the best knowledge of the assignor.
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