Unable to find info for schedule F

[tobee43]

Rather than put the amounts as "unknown" I would put a dollar amount of $1.00. The reason being, when I listed one or two as "unknown", I was told that it HAD to be a dollar amount, and that the word "unknown" was unacceptable, so I had to correct and resend the schedule. Why? It doesn't matter if your guessed amount is correct or not. Your creditor will have to file a proof of claim in order to receive any disbursement. Along with that proof of claim should be some form of accounting AND... the accurate dollar amount. It's up to them to prove it, not you. If they don't file a claim, then the debt as to that creditor will be discharged in its entirety regardless of the amount you listed there. Best wishes on a successful bankruptcy.

really tigergem?? we were not questioned at all...and LOL!! unfortunately we had pages and pages...(not some to be very happy about), and we were never questioned by the trustee...other than why did we list american express 5 times. i replied because for some reason on our credit report they listed us 5 times and i just wanted to cover everyone and their mother and make certain no stone was unturned.

i have also heard people use the $1 as well, so, it just not make a difference, as long as they are listed.

[tigergem]

Rather than put the amounts as "unknown" I would put a dollar amount of $1.00. The reason being, when I listed one or two as "unknown", I was told that it HAD to be a dollar amount, and that the word "unknown" was unacceptable, so I had to correct and resend the schedule. Why? It doesn't matter if your guessed amount is correct or not. Your creditor will have to file a proof of claim in order to receive any disbursement. Along with that proof of claim should be some form of accounting AND... the accurate dollar amount. It's up to them to prove it, not you. If they don't file a claim, then the debt as to that creditor will be discharged in its entirety regardless of the amount you listed there. Best wishes on a successful bankruptcy.

[tobee43]

Tobee43,

Did you put the amounts as unknown throughout the petition? Which forms should say unknown to protect my full recovery and which forms should take the amount stated? Thank you for your previous response,
Pippen

not on every single one...but on many of the them. and the others, i added another 1-2k just in case for fees etc. however, really, the most important thing is the proper address and account number to the creditor is notified and can't come back later and claim they were never properly notified. and for us it was ONLY sch. F.

now, i have seen on this forum, it really doesn't make a difference if you inadvertently leave someone off...but it could cause a hassle later, so make certain you attempt your best effort to put anyone and everyone you think you may owe money to.

[pippen2012]

Quik look filing tommorow Unknown debt for revolving accounts on schedule F?

It looks as though schedule F is the only place listed for credit card debt amounts. Would I also put unknown on the summary of schedules? Is there a way to list amount plus acrued interest and legal fees?

Can anyone confirm I am trying to file tommorow.

[pippen2012]

Tobee43,

Did you put the amounts as unknown throughout the petition? Which forms should say unknown to protect my full recovery and which forms should take the amount stated? Thank you for your previous response,
Pippen

[tobee43]

the correct address and account information is far more important than the amount. make certain that information is correct since proper notification is really important for the creditors. ...not so much the exact amount. and, as you point out, many times the amount you put on the date you fill out the forms, by the time of your actual filing and or 341...you were socked with more interest and fees, etc.

acutually many of the accounts on our petition stated on the line for amount owed as "unknown".

[pippen2012]

I no longer have record of when I started incurring debts with some of my credit cards. Do I send a certified letter of request for verification to the original creditors or the current debt collectors? I think I should ask them to verify address, date of account, date of account closure as well as amount at time of right of.

Does anyone know if I should add accrued interest to the amount listed from the time of closure up until the filing date?

I really like this site. Thank you to anyone who answers.