Tips for Completing Schedules

Full Instructions in PDF are available on the US Courts Website.

Schedule A/B: Property.  List information regarding your property for both real property (your residence, real estate, land, etc.) and personal property, such as cash, cars, clothes, books, furniture, dishes, computers, televisions, software, stocks, bonds, pets, etc.

Schedule C: The Property You Claim as Exempt: See the court’s document entitled “Exemptions.” If you are going to claim exemptions under the federal statute, check the appropriate box on Part 1 (11 U.S.C § 522(b)(2)).  If you are going to claim exemptions under state law, check the appropriate box on Part 1 (11 U.S.C. § 522(b)(3)).  Note:  to claim exemptions under New Mexico state law, you must have been domiciled in New Mexico for the 730 days immediately preceding the date you file the petition.

Schedules D:  Creditors Who Hold Claims Secured By Property.  List all creditors who have a claim that is secured by your property.  Examples include anyone who has a judgment lien, garnishment, statutory lien, mortgages, deeds of trust and other security intests against your property. 

Schedule E/F: Creditors Who Have Unsecured Claims.  Examples include those creditors who do not have liens on or other security interests in your property.  A common example is a credit card company.  Also list any priority unsecured claims.  Priority unsecured claims include those you owe for domestic support obligations, taxes, or wages.

Schedule G: Executory Contracts and Unexpired Leases.  List any contracts that you have between yourself and someone else and any unexpired leases that are still in effect (the lease period has not yet ended).  Examples include residential leases, Internet and cable contracts, or timeshare contracts. 

Schedule H:  Your Codebtors. An example of a codebtor is the name of a person who cosigned on a car loan that you owe.  Other codebtors could include a former spouse or unmarried partner.  In addition, New Mexico is a community property state. Be sure to list any non-filing spouse or former spouse (during 8 prior years) as a co-debtor. 

Note:  Read the instructions and complete each schedule being careful to enter accurate and complete information.  You must submit every schedule whether the schedule applies to your situation or not.  If you have nothing to report on a schedule, make a notation on the schedule or check the box that you have nothing else to report on the form.  See the PDF Instructions for further information on completing each schedule and for specific examples.

Schedule I:  Your Income.  Your Income – for Line 13, specifically state whether or not you expect an increase in income in the 12 months from the date the petition is filed.

Schedule J:  Your Expenses.  Line 24, be sure to specifically state whether or not you expect an increase in expenditures in the 12 months from the date the petition is filed.  If you are filing together with your spouse and you maintain separate households, then the joint debtor should file Schedule J-2: Expenses for Separate Household of Debtor 2 (Form B106J-2).

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