Continuing our look at Bankruptcy Schedules, today we turn to Schedule H, which is used to list all of your co-debtors. A co-debtor is someone who is jointly liable with you on a debt. For example, if you and your spouse have a joint credit card, your spouse would be considered a co-debtor. Similarly, if you are a guarantor on a debt of your business, then if you are filing personal bankruptcy, you would need to list your business as a co-debtor. Alternatively, if you are filing bankruptcy on behalf of your business, then you would need to be listed individually as a co-debtor in your business’s bankruptcy filing.

Keep in mind that your spouse is not automatically a co-debtor simply because you’re married or simply because you live in a community property state. Generally, a spouse would have to have personally signed on a loan document to be jointly liable. If you’re not sure, then you should check your loan documents.

Step 1: Gather Information About Your Co-Debtors

Before you can start filling out Schedule H, you’ll need to gather information about all of your co-debtors. This may include your spouse, family members, business partners, or anyone else who is jointly liable for a debt with you. Make sure to gather all relevant documentation, including billing statements and any other documents related to your co-debtors.

Step 2: List Your Co-Debtors
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