Consumer Bankruptcy Journal Fall 2015 - Page 72

Form Modernization Overview Official Form 106A/B Overview: Official Form 106A/B, Schedule A/B: Property replaces Official Form 6A, Real Property and Official Form 6b, Personal Property in cases of individual debtors. New Form Elements: Line 3, Part 2, Describe Your Vehicles, was formerly line 25 of Schedule B. The newly revised section adds in specific lines to enter the make, model, year and approximate mileage of the debtor’s vehicles. Additionally a section has been added to enter other information about the debtor’s vehicle, and a series of checkboxes to indicate who has an interest in the property. The form now requests the total value of property, the former Schedule B only asks for the value of debtor’s interest in the listed property. NEW – Checkbox has been added to indicate if you have ownership of any vehicle NEW – A new section has been added to indicate Make / Model / Year / Mileage NEW – A section has been added to enter other information about the debtor’s vehicle NEW - Checkboxes have been added to convey ownership of interest in the vehicle © 2015 CINgroup. All Rights Reserved | CINgroup.com