Delaware Summary of Schedules - Form 6CONTSUM - Post 2005

• Category: Bankruptcy - Schedules
• State: Multi-State
• Control #: US-BKR-F6CS
• Format: Word; PDF; Rich Text

Description

This form is a Summary of Schedules. The summary of schedules lists the name of the schedules, the number of sheets, assets, and liabilities. Delaware Summary of Schedules — Form 6CONTSU— - Post 2005 is a legal document used in bankruptcy cases filed after the year 2005 in the state of Delaware. It provides a comprehensive overview of the debtor's assets, liabilities, and financial affairs. The form contains several schedules, each focusing on a specific aspect of the debtor's financial situation. Below is a detailed description of the key schedules included in the Delaware Summary of Schedules — Form 6CONTSU— - Post 2005: 1. Schedule A: Real Property — This schedule lists all the real estate owned by the debtor, including residential, commercial, or investment properties. It provides essential details such as property address, market value, outstanding mortgages or liens, and the debtor's equity in each property. 2. Schedule B: Personal Property — This schedule covers various personal assets owned by the debtor, such as vehicles, jewelry, furniture, electronics, and other valuable items. It requires the debtor to disclose the estimated value of each asset and any secured claims against them. 3. Schedule C: Property Claimed as Exempt — In this schedule, the debtor identifies property that is exempt from the bankruptcy estate under Delaware state law. Exempt property is typically protected from liquidation to satisfy creditors' claims. 4. Schedule D: Creditors Holding Secured Claims — This schedule focuses on creditors who hold liens or security interests in the debtor's property. It requires the debtor to provide comprehensive information about each secured claim, including the creditor's name, claim amount, collateral securing the debt, and any default or delinquency. 5. Schedule E: Creditors Holding Unsecured Priority Claims — Unsecured priority claims are debts that must be paid before general unsecured debts. This schedule lists priority creditors, such as tax authorities or employees entitled to unpaid wages, detailing the amount owed to each creditor. 6. Schedule F: Creditors Holding Unsecured Nonpriority Claims — Here, the debtor lists general unsecured creditors, including credit card companies, medical providers, and other individuals or entities to whom debts are owed. The schedule includes the creditor's name, the nature of the debt, and the amount owed. 7. Schedule G: Executory Contracts and Unexpired Leases — If the debtor has any ongoing contracts or leases, they must be disclosed in this schedule. It identifies these agreements and provides relevant details, such as the counterparties, subject, and the debtor's intentions regarding their assumption or rejection. 8. Schedule H: Co-Debtors — This schedule outlines any individuals who are jointly liable for the debtor's debts. It includes co-debtors' names and contact information, allowing the court to assess their potential responsibility for the debt. 9. Schedule I: Current Income — This schedule focuses on the debtor's current monthly income, including wages, business income, rental income, and any other sources of revenue. It also requires details of regular expenses, enabling the court to evaluate the debtor's financial circumstances comprehensively. 10. Schedule J: Current Expenditures — Here, the debtor provides a breakdown of their monthly living expenses, covering necessities like housing, transportation, groceries, utilities, medical costs, and other regular expenses. It assists the court in assessing the debtor's financial well-being and determining the feasibility of a repayment plan. These schedules, collectively forming the Delaware Summary of Schedules — Form 6CONTSU— - Post 2005, help the bankruptcy court, creditors, and other interested parties gain a comprehensive understanding of the debtor's financial situation. By examining the provided information, the court can make informed decisions regarding the bankruptcy process, including the distribution of assets and the establishment of a repayment plan if applicable.

Delaware Summary of Schedules — Form 6CONTSU— - Post 2005 is a legal document used in bankruptcy cases filed after the year 2005 in the state of Delaware. It provides a comprehensive overview of the debtor's assets, liabilities, and financial affairs. The form contains several schedules, each focusing on a specific aspect of the debtor's financial situation. Below is a detailed description of the key schedules included in the Delaware Summary of Schedules — Form 6CONTSU— - Post 2005: 1. Schedule A: Real Property — This schedule lists all the real estate owned by the debtor, including residential, commercial, or investment properties. It provides essential details such as property address, market value, outstanding mortgages or liens, and the debtor's equity in each property. 2. Schedule B: Personal Property — This schedule covers various personal assets owned by the debtor, such as vehicles, jewelry, furniture, electronics, and other valuable items. It requires the debtor to disclose the estimated value of each asset and any secured claims against them. 3. Schedule C: Property Claimed as Exempt — In this schedule, the debtor identifies property that is exempt from the bankruptcy estate under Delaware state law. Exempt property is typically protected from liquidation to satisfy creditors' claims. 4. Schedule D: Creditors Holding Secured Claims — This schedule focuses on creditors who hold liens or security interests in the debtor's property. It requires the debtor to provide comprehensive information about each secured claim, including the creditor's name, claim amount, collateral securing the debt, and any default or delinquency. 5. Schedule E: Creditors Holding Unsecured Priority Claims — Unsecured priority claims are debts that must be paid before general unsecured debts. This schedule lists priority creditors, such as tax authorities or employees entitled to unpaid wages, detailing the amount owed to each creditor. 6. Schedule F: Creditors Holding Unsecured Nonpriority Claims — Here, the debtor lists general unsecured creditors, including credit card companies, medical providers, and other individuals or entities to whom debts are owed. The schedule includes the creditor's name, the nature of the debt, and the amount owed. 7. Schedule G: Executory Contracts and Unexpired Leases — If the debtor has any ongoing contracts or leases, they must be disclosed in this schedule. It identifies these agreements and provides relevant details, such as the counterparties, subject, and the debtor's intentions regarding their assumption or rejection. 8. Schedule H: Co-Debtors — This schedule outlines any individuals who are jointly liable for the debtor's debts. It includes co-debtors' names and contact information, allowing the court to assess their potential responsibility for the debt. 9. Schedule I: Current Income — This schedule focuses on the debtor's current monthly income, including wages, business income, rental income, and any other sources of revenue. It also requires details of regular expenses, enabling the court to evaluate the debtor's financial circumstances comprehensively. 10. Schedule J: Current Expenditures — Here, the debtor provides a breakdown of their monthly living expenses, covering necessities like housing, transportation, groceries, utilities, medical costs, and other regular expenses. It assists the court in assessing the debtor's financial well-being and determining the feasibility of a repayment plan. These schedules, collectively forming the Delaware Summary of Schedules — Form 6CONTSU— - Post 2005, help the bankruptcy court, creditors, and other interested parties gain a comprehensive understanding of the debtor's financial situation. By examining the provided information, the court can make informed decisions regarding the bankruptcy process, including the distribution of assets and the establishment of a repayment plan if applicable.