Chester County Schedule A

A Chester County debtor must list all real property of which you have legal, equitable or future interest on Schedule A, which is part of the bankruptcy petition.  This is "real property" owned as a co-tenant or under community property laws and real property in which you have a life estate or a right or power excisable for your benefit.  Generally, however, it is for a home, condo, building. or town home.  You must list everything, including property that you do not reside in (i.e. a vacation home or rental property).  

You should go over with your Chester County bankruptcy lawyer your requirements and obligations and bring up any questions with respect to your property.  

Things to Put On Schedule A

In addition to putting the address of the real property on your Schedule A, you must also list the value o the property.  This is the "estimated current market value of the property" or fair market value.  This number should not include any mortgages or lines of equity.  The amount of any claim secured by the property should appear on the far right column.  This will include any mortgages, lines of credit, or additional secured debt on the property.  

You do not need to put the creditor's name on this section of the petition as you will have to list it on Schedule D for secured debts.  If the property has no debt attached, you should put "none" under the "Amount of Secured Claim."