This form is a Summary of Schedules. The summary of schedules lists the name of the schedules, the number of sheets, assets, and liabilities.
Michigan Summary of Schedules — Form 6CONTSU— - Post 2005 provides a comprehensive and detailed overview of a debtor's assets, liabilities, and unsecured debts. This legal document is commonly used in bankruptcy cases in the state of Michigan and is a crucial part of the bankruptcy process. The Michigan Summary of Schedules — Form 6CONTSU— - Post 2005 consists of several schedules that provide a comprehensive snapshot of the debtor's financial situation. These schedules include: 1. Schedule A — Real Property: This schedule includes details about any real estate owned by the debtor, such as homes, land, or commercial properties. 2. Schedule B — Personal Property: This schedule includes information about the debtor's personal property, such as vehicles, jewelry, furniture, electronics, and any other valuable assets. 3. Schedule C — Property Claimed as Exempt: This schedule outlines any property that the debtor claims as exempt from the bankruptcy estate. Exempt property is generally not subject to liquidation to satisfy creditors' claims. 4. Schedule D — Creditors Holding Secured Claims: This schedule lists creditors who hold a lien on the debtor's property, such as mortgage lenders or vehicle loan providers. It provides details about the secured debts and the collateral securing those debts. 5. Schedule E — Creditors Holding Unsecured Priority Claims: This schedule includes creditors with priority unsecured debts, such as tax debts or child support obligations. Priority debts must be paid before other unsecured debts. 6. Schedule F — Creditors Holding Unsecured Nonpriority Claims: This schedule lists general unsecured creditors, such as credit card companies, medical bills, and personal loans. These debts are typically dischargeable in bankruptcy. 7. Schedule G — Executory Contracts and Unexpired Leases: This schedule outlines any ongoing contracts or leases that the debtor needs to address during bankruptcy, such as rental agreements or cell phone contracts. 8. Schedule H — Codebtors: This schedule provides information about any individuals who are jointly responsible for the debtor's debt. It includes details about the codebtor's contact information and their relationship to the debtor. 9. Schedule I — Current Income: This schedule details the debtor's current monthly income, including wages, salaries, rental income, and any other sources of income. 10. Schedule J — Current Expenditures: This schedule outlines the debtor's monthly expenses, including housing costs, utilities, transportation, food, healthcare, and other necessary living expenses. Overall, the Michigan Summary of Schedules — Form 6CONTSU— - Post 2005 serves as a comprehensive inventory of an individual or business's financial situation during bankruptcy proceedings. It assists creditors, the bankruptcy trustee, and the court in understanding the debtor's assets, liabilities, and the financial landscape that needs to be navigated to make informed decisions about the bankruptcy case.
Michigan Summary of Schedules — Form 6CONTSU— - Post 2005 provides a comprehensive and detailed overview of a debtor's assets, liabilities, and unsecured debts. This legal document is commonly used in bankruptcy cases in the state of Michigan and is a crucial part of the bankruptcy process. The Michigan Summary of Schedules — Form 6CONTSU— - Post 2005 consists of several schedules that provide a comprehensive snapshot of the debtor's financial situation. These schedules include: 1. Schedule A — Real Property: This schedule includes details about any real estate owned by the debtor, such as homes, land, or commercial properties. 2. Schedule B — Personal Property: This schedule includes information about the debtor's personal property, such as vehicles, jewelry, furniture, electronics, and any other valuable assets. 3. Schedule C — Property Claimed as Exempt: This schedule outlines any property that the debtor claims as exempt from the bankruptcy estate. Exempt property is generally not subject to liquidation to satisfy creditors' claims. 4. Schedule D — Creditors Holding Secured Claims: This schedule lists creditors who hold a lien on the debtor's property, such as mortgage lenders or vehicle loan providers. It provides details about the secured debts and the collateral securing those debts. 5. Schedule E — Creditors Holding Unsecured Priority Claims: This schedule includes creditors with priority unsecured debts, such as tax debts or child support obligations. Priority debts must be paid before other unsecured debts. 6. Schedule F — Creditors Holding Unsecured Nonpriority Claims: This schedule lists general unsecured creditors, such as credit card companies, medical bills, and personal loans. These debts are typically dischargeable in bankruptcy. 7. Schedule G — Executory Contracts and Unexpired Leases: This schedule outlines any ongoing contracts or leases that the debtor needs to address during bankruptcy, such as rental agreements or cell phone contracts. 8. Schedule H — Codebtors: This schedule provides information about any individuals who are jointly responsible for the debtor's debt. It includes details about the codebtor's contact information and their relationship to the debtor. 9. Schedule I — Current Income: This schedule details the debtor's current monthly income, including wages, salaries, rental income, and any other sources of income. 10. Schedule J — Current Expenditures: This schedule outlines the debtor's monthly expenses, including housing costs, utilities, transportation, food, healthcare, and other necessary living expenses. Overall, the Michigan Summary of Schedules — Form 6CONTSU— - Post 2005 serves as a comprehensive inventory of an individual or business's financial situation during bankruptcy proceedings. It assists creditors, the bankruptcy trustee, and the court in understanding the debtor's assets, liabilities, and the financial landscape that needs to be navigated to make informed decisions about the bankruptcy case.