Colorado Summary of Schedules - Form 6CONTSUM - Post 2005

• Category: Bankruptcy - Schedules
• State: Multi-State
• Control #: US-BKR-F6CS
• Format: Word; PDF; Rich Text

Description

This form is a Summary of Schedules. The summary of schedules lists the name of the schedules, the number of sheets, assets, and liabilities.

Colorado Summary of Schedules — Form 6CONTSU— - Post 2005 is a legal document used in bankruptcy cases in the state of Colorado. It is an essential part of the bankruptcy process as it provides a comprehensive overview of a petitioner's assets and liabilities. The form is designed to gather detailed information about the petitioner's financial situation, including their income, expenses, assets, and debts. This information is necessary for the bankruptcy court to assess the petitioner's ability to repay their debts and determine the appropriate bankruptcy proceedings. The Colorado Summary of Schedules — Form 6CONTSU— - Post 2005 consists of various schedules, each addressing specific categories of assets or liabilities. These schedules include: 1. Schedule A: Real Property — In this schedule, the petitioner lists all the real estate properties they own, including homes, land, and commercial properties. 2. Schedule B: Personal Property — This schedule requires the petitioner to list personal assets such as vehicles, furniture, jewelry, electronics, and other valuable possessions. 3. Schedule C: Property Claimed as Exempt — Here, the petitioner provides a list of assets they believe are exempt from the bankruptcy process, meaning they can keep these assets even after filing for bankruptcy. 4. Schedule D: Creditors Holding Secured Claims — This schedule includes all debts secured by collateral, such as mortgages or car loans. It requires the petitioner to disclose the creditor's contact information and the amount owed. 5. Schedule E: Creditors Holding Unsecured Priority Claims — This schedule covers debts that have priority over other unsecured debts, including tax obligations, child support, and alimony payments. 6. Schedule F: Creditors Holding Unsecured Nonpriority Claims — Here, the petitioner lists all remaining unsecured debts not covered by Schedule D or E, such as credit card debts and medical bills. 7. Schedule G: Executory Contracts and Unexpired Leases — This schedule outlines any active contracts or leases the petitioner is involved in, such as rental agreements or vehicle leases. 8. Schedule H: Codebtors — If the petitioner has cosigners or codebtors on any of their debts, this schedule provides their contact information and details about the debt. 9. Schedule I: Current Income of Individual Debtor(s) — Here, the petitioner reports their current monthly income, including wages, self-employment income, and any other sources of income. 10. Schedule J: Current Expenditures of Individual Debtor(s) — This schedule requires the petitioner to list their monthly expenses, including housing costs, transportation expenses, food, utilities, and other necessary living expenses. By completing these schedules accurately and thoroughly, the petitioner provides the bankruptcy court with a clear picture of their financial situation. This information helps the court make informed decisions regarding the bankruptcy proceedings and how to best address the petitioner's debts. It's important to note that the Colorado Summary of Schedules — Form 6CONTSU— - Post 2005 is specific to bankruptcy cases filed in Colorado, and the form may have variations or updates over time. Therefore, it is crucial to ensure that the correct and most recent version of the form is used when filing for bankruptcy in Colorado.