The Bankruptcy Schedule J consists of an itemization of your monthly expenses. It is essentially a mirror image of the Schedule I, which lists your monthly income. Together, the two schedules allow you to calculate your monthly net income after expenses. Like the other bankruptcy forms, this form is required and not optional.

Learn more about the Bankruptcy Schedule J.

Another crucial document that you must complete when you file for bankruptcy is the Schedule I. This document contains an itemization of all of your monthly income. This is necessary as it gives the court and your creditors a snapshot of your finances. This form needs to be filled out very carefully, as it requires a bit of math.

Read more to learn about the Schedule I.

In bankruptcy, you must fill out a form called the "Statement of Intention." This form tells the Bankruptcy Court what you want to do with your property that has liens on it. This might include your car if you have a car loan, or your home if you have a home loan.

This form is extremely important as it can determine the fate of your property, particularly if you do not fill it out correctly!

Although this site is strongly geared towards debtors, you may, in fact, find yourself as a creditor in a bankruptcy case. If the trustee finds assets to sell, you may get a dividend (payment) from the trustee on the basis of your claim.

However, you must fill out a Proof of Claim form. If you do not fill out this form, you will receive nothing on your claim!