Help with Bankruptcy Forms: Schedule F - Creditors Holding Unsecured Nonpriority Claims

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Schedule F is the most important form for those who are looking to eliminate their consumer or medical debts. Listed on this schedule are credit cards, medical bills, unpaid personal loans, bills for services rendered and any other debt that's not secured by property. You may find yourself needing some help with what goes where as well as what the court is expecting to see on the form.

Collecting the Required Information

Have your most recent credit card statements at hand. If you're not sure that you have everything, or you're concerned you may be missing a creditor, obtain a credit report that shows all of your accounts. Compare the credit report to what you already have and make a note of what you know you missed. It's important that you have every non-secured creditor listed on schedule F. This will save you from having to file an amended copy later.

Search through the rest of your records for any bills that aren't consumer in nature. In the situation that there's an unpaid medical bill, put it in the pile. If you were evicted out of an apartment or lodging and owe back rent, have the mailing address of the old landlord and the amount due handy. All of this comes down to a single line of thought:  If you owe anyone money for anything that isn't secured by property, list them. It does you no harm to do so while strengthening your hand. It will prevent the creditor from going to court for the amount owed and obtaining a judgment against you.

Entering Information Onto the Schedule

Schedule F has 8 columns that read from left to right. Each column tells you what information to enter in each designated box. Look closely to make sure that you're correctly entering the data.

Creditor's Name, Mailing Address, ZIP Code and Account Number

Enter the name, address, zip code and the last four digits of the account number in the boxes provided. Do not enter the full account number as the last four digits are sufficient.

Codebtor

This is reserved for debts that are shared with someone who is not included in the filing itself. Only mark this column if someone outside of a marriage shares in a debt.

Husband, Wife, Joint or Community

In a joint filing, list the designation initial of the person who owns or shares the debt. For example, if the wife has a debt listed only under her name, put W in the box. If the debt is shared by both, enter J for joint. Some debt situations may be considered as marital community so enter C for community.

Date Claimed Was Incurred and Consideration for Claim

Enter the date and month that the account was opened or when a debt was incurred. State the reason or use of the claim. For example, a credit card can be described as consumer goods, groceries, supplies. Anything you used the card for is sufficient. The same goes for every other debt situation you're listing. Also list any set offs that may have happened.  A set off is where two parties owe each other money with the amount owed to each other being subtracted from the total balance.

Contingent, Unliquidated and Disputed

All three of these each are in their own column and have a different definition. Contingent is for a potential future event. As in your bankruptcy does not cause a co-debtor to be liable for your share of the debt. Unliquidated is an unknown amount such as in the case of a lawsuit where a judgment amount has not been determined. Disputed is for any debts that you are disputing the amount.

Amount of Claim

Enter the total amount of the liability here. Three pages of schedule F are provided, but more can be added if necessary. Total the amounts on the final page. Sign your name and date for completion.

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