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What are bankruptcy schedules and your statement of financial affairs for bankruptcy?

Type: 
Debtor
Answer: 

These documents provide information about the debtor’s assets and liabilities.  In these documents, the debtor describes the nature and value of his or her property and lists the nature and amount of debts, the names and addresses of creditors, and the debtor’s current income and expenditures.  The statement of financial affairs for bankruptcy requires the debtor to disclose certain historic information about his or her financial affairs.  These documents must be fully completed and are signed by the debtor under penalty of perjury.