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This is an Official Bankruptcy Form. Official Bankruptcy Forms are approved by the Judicial Conference and must be used under Bankruptcy Rule 9009.
Schedule D is part of a series of documents a debtor files with the bankruptcy court. It is formally called "Official Bankruptcy Form 106D" or "Schedule D - Creditors Who Have Claims Secured by Property." Unlike unsecured debts like medical bills or credit cards, secured debts have collateral like cars and houses.
Key Takeaways. Debtors are individuals or businesses that owe money, whether to banks or other individuals. Debtors are often called borrowers if the money owed is to a bank or financial institution, however, they are called issuers if the debt is in the form of securities.