Rhode Island Format for Preparing Creditor List is a standard format used in the state of Rhode Island to prepare a list of creditors. The format is typically used in a bankruptcy filing and requires the debtor to list out all of their creditors, including their name, address, account number, balance, and type of claim. The format must be completed accurately and completely in order for the court to review and discharge any debts owed. There are two types of Rhode Island Format for Preparing Creditor List: secured and unsecured. A secured creditor is a creditor that has a right to secure a debt with collateral, such as a mortgage or car loan. An unsecured creditor is a creditor that does not have collateral to secure a debt. All creditors must be listed on the creditor list, regardless of whether they are secured or unsecured. The Rhode Island Format for Preparing Creditor List requires the debtor to list the full legal name, address, account number, balance owed, and type of claim (secured or unsecured) for each creditor. This information is used by the court to determine how to best handle the debt. Once the creditor list is completed, the debtor can file it with the court. The court will then review the list and make a decision on how to proceed with the bankruptcy.