( Only if you own a real estate) ( non renters)
ex: Houses and Cars
Schedule B - Personal Property
( always use thrifty , bargain, yard sale prices or cheapest value of it
Examples are:
1)Cash on hand- Money left after Bills paid off
2)Checking/Savings Account- If you have any Banks, lets say Bank of America Checking account
60.00 put whatever left in the account,
3) if you have any security deposit
4) Household Goods - How much you can sell your furniture, computer, audio equipment into a yard sale Just put household items as a description when filing the schedules and the amount ofcourse
5) Do you have any books, antiques, stamps collection, coins collection or any collection that are worth money? if yes then declare it
6) Wearing Apparel - How much you think you can sell your clothes and shoes include the spouse and anyone living in the same place (remember Cheapest Value)
Coz the cheapest it is the big change u can keep em'
7) Furs and Jewelry - Do you have Jewelries? or furry expensive clothes like coated leather. if yes then put it always the cheapest value
8) Guns - Do you have any guns? or picture of something or somebody that is worth money
9) Life Insurance
10) Annuities - Lump Sum
11) Education Plan
12) Pension or Retirement
13) If you have a stocks
14) Interest Partnership or Joint Ventures
15) Government Bonds if you have one
16) Accounts Receivables - If you have one
17)Alimony - Money you get from divorce
the rest of the following are the things that goes to schedule B
Copy rights , boat , motor, office equipment, machinery, airplane, inventory music stuff that are worth money, computers, mobile home is not a real property so it should be put in here however if you live in a mobile home then you put that on A also coz you live there. the address and the value of it Again on Sched A.
more on schedule B are your pets if its an expensive pet or animal,crops farm supplies or chemical feed thats all in my mind.
Schedule C - exemptions
in the software i have at the office
i just click the box that a code in it like u.s.c 522 something
then click the gather from schedule A and B
Schedule D - its a secured loan something you can track , anything that you owe with a serial number houses and car goes with this, a refrigerator is with a serial number
Schedule E - This are the loan that you cant discharge like
Student Loan, government owedtaxes, child support, parking tickets, police fine.
Schedule F- unsecured loan or debts
this where we put the all the credit cars
you just list the account number that u can actually see from the credit report, the date that was opened and what type loan if its revolving account, and how much you owe
[B]Schedule G - if you are leasing such as office space
Schedule H - if you have a co-debtor
lets say you loan some money under your name and somebody else that other person who signed with you is the co-debtor so if you have one then state so
Schedule I - Individual Income including family member use pay stubs to figure it out
all includes the taxes deduction, insurance, wages.
Put your kids and anyone living with you and state your relationship and the age of them people.
Schedule J - Expenditures
All your expenses and bills to pay
Feel Free to comment
