Texas Schedule H: Your Codebtors (non-individuals) is a form used by debtors in Texas to disclose the names and addresses of any non-individual entities that may be liable or responsible for their debts. This form is used in conjunction with the Texas Schedule I: Your Creditors form, which is used to list the names and addresses of all creditors to whom the debtor owes money. This form is typically used by businesses, corporations, partnerships, trusts, and governmental entities who are listed as codebtors on the debtor's bankruptcy petition. There are two types of Texas Schedule H: Your Codebtors (non-individuals): Secured Codebtors and Unsecured Codebtors. Secured Codebtors are entities that have some form of security interest in the debtor's property, such as a lien or mortgage. Unsecured Codebtors are entities that do not have any form of security interest in the debtor's property.
Texas Schedule H: Your Codebtors (non-individuals)
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Official Form 106Sum. Summary of Your Assets and Liabilities and Certain Statistical Information.
Codebtors are people or entities who are also liable for any debts you may have. Be as complete and accurate as possible. If two married people are filing together, both are equally responsible for supplying correct information.
Form Number: B 106I. Category: Individual Debtors. Effective onDecember 1, 2015. This is an Official Bankruptcy Form. Official Bankruptcy Forms are approved by the Judicial Conference and must be used under Bankruptcy Rule 9009.
Assets are what a business owns, and liabilities are what a business owes. Both are listed on a company's balance sheet, a financial statement that shows a company's financial health. Assets minus liabilities equal equity?or the company's net worth. Ideally, a company should have more assets than liabilities.
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet. They are bought or created to increase a firm's value or benefit the firm's operations.