When filling out my Schedule D using the Form 7 Software....I listed my secure furniture account and put a claim amount of $2360 for the balance due on the account. I then put a much lower market value in the field and it produced an unsecured portion on the right of the form.
Is it necessary to list this unsecured portion anywhere else in the schedules? On my statement of intention, this is marked for surrender. I hope to later negotiate with the lender to lower the amount of the claim if contacted.
Thanks again for all your help! I couldn't have done it without your answers and this forum!!!!
Is it necessary to list this unsecured portion anywhere else in the schedules? On my statement of intention, this is marked for surrender. I hope to later negotiate with the lender to lower the amount of the claim if contacted.
Thanks again for all your help! I couldn't have done it without your answers and this forum!!!!
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