Along with the bankruptcy petition, the debtor must prepare and file bankruptcy schedules, which includes all property owned by the debtor, along with a list of all creditors to whom money is owed. Along with these schedules, a Statement of Financial Affairs must be filed.
Technically, the schedules of assets and liabilities; is also commonly used to include the statement of financial affairs. They show: (1) The debtor's property, location, quantity and money value thereof. (2) Names and addresses of creditors of each class. (3) Names and addresses of the stockholders of each class.
The official forms for the bankruptcy petition have schedules which must be completed. The schedules list the debtors assets and liabilities, the property claimed as exempt, and the debtors income and expenses.