Consumer Bankruptcy Journal Fall 2015 - Page 80

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: Part 1, Describe Each Residence, Building, Land, or Other Real Estate You Own or Have an Interest In, incorporates several new components to the form such as checkboxes for property description and ownership. Additionally text lines have been added for the nature of ownership and any additional information that might need to be conveyed about the property. NEW - Modernized Form Caption NEW – Amended filing checkbox REVISED – Official Form 106A/B: Property replaces Official Form 6A, Real Property and Official Form 6b, Personal Property in cases of individual debtors NEW – Checkbox added to Part 1 to indicate you have interest in a residence, building, land, or similar property NEW – Checkboxes have been added to convey the type of property owned Checkboxes have been added to convey ownership of interest in property NEW - A line has been added to convey other information about the property NEW –A line has been added to convey the nature of debtor’s interest in property © 2015 CINgroup. All Rights Reserved | CINgroup.com