Continuing on with our series on Bankruptcy Schedules, today we’ll look at Schedule D, which is used to list all of the secured debts that you owe as of the date that you filed for bankruptcy. Secured debts are those that are secured by collateral, such as a car loan or a mortgage. By completing Schedule D, you will provide the court and your creditors with a detailed list of all the debts you owe that are secured by collateral. As a general matter, secured debts will not be discharged in a bankruptcy case. Therefore, if you intend to keep the property that serves as the collateral for a loan, then you’ll need to plan to continue to make payments on that debt after bankruptcy.

Step 1: Gather Information About Your Secured Debts

Before you can start filling out Schedule D, you’ll need to gather information about all of your secured debts. This may include car loans, mortgages, and other loans that are secured by collateral. Make sure to gather all relevant documentation, including loan agreements, billing statements, and any other documents related to your secured debts.

Step 2: List Your Secured Debts

Once you have all of the necessary information, you can start listing your secured debts on Schedule D. For each secured debt, you’ll need to provide the following information:
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