Legal Question in Bankruptcy in Missouri

I have a home security system with a monthly payment for service

when listing my debts is it secured or unsecured?


Asked on 5/23/13, 9:29 pm

1 Answer from Attorneys
Alicia Beeler Villines Alicia Beeler Villines (sole practitioner)

If they have a security interest in the system itself, it's secured. If not, it's unsecured. Be sure to also list this in Schedule G, "Executory Contracts". Also list it in Form 8 "Intentions". And if it's an expense you intend to keep, put it in Schedule J "Expenses".

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Answered on 5/24/13, 12:42 pm


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