The Missouri Chapter 7 Individual Debtors Statement of Intention — Form — - Post 2005 is a legal document used in bankruptcy proceedings. It outlines the debtor's intentions regarding their secured debts, including whether they plan to surrender the property, reaffirm the debt, or redeem the property. In Missouri, there are different types of Chapter 7 Individual Debtors Statement of Intention forms based on the debtor's specific circumstances. These forms may differ based on the presence of secured debts, such as mortgages or car loans. Some common variations include: 1. Missouri Chapter 7 Individual Debtors Statement of Intention — Form — - Post 2005 (No Secured Debts): This form is used when the debtor does not have any secured debts, meaning they do not have any property pledged as collateral for a loan. In this case, the debtor typically indicates their intention to retain all their property and continue making regular payments. 2. Missouri Chapter 7 Individual Debtors Statement of Intention — Form — - Post 2005 (With Secured Debts): This form is used when the debtor has secured debts and must determine their intention regarding the property pledged as collateral. The debtor will need to specify whether they plan to surrender the property, reaffirm the debt and continue making payments, or redeem the property by paying the creditor its current value. The Missouri Chapter 7 Individual Debtors Statement of Intention — Form — - Post 2005 is a crucial document that helps determine the course of action during bankruptcy proceedings. It allows debtors to clarify their intentions regarding their secured debts, ensuring that all parties involved are aware of the debtor's plans. By filing this form accurately and promptly, debtors can navigate the bankruptcy process more smoothly and have a clear understanding of what will happen to their property.