The requirement that the debtor state the present use of the property also has been eliminated as best left to inquiry by the trustee. This schedule adds a new requirement that the debtor state the market value of the property in addition to the amount claimed as exempt. Schedule D - Creditors Holding Secured Claims. Schedules D, E, and F have been redesigned with address boxes sized to match the number of characters which can be accommodated on the computerized noticing systems used by the courts. The size also closely approximates that of standard mailing labels.
Space is designated at the top of the box for the debtor's account number with the creditor.
The design of the form is intended to reduce the volume of misdirected creditor mail. The form requires the debtor to state affirmatively that a claim is disputed, unliquidated, or contingent. The existence of any type of codebtor is to be disclosed, but details are to be provided in Schedule H, as they are not needed here. Duplication of information also has been kept to a minimum by deleting requests that the debtor indicate on this schedule whether a debt has been reduced to judgment and the date on which a creditor repossessed any collateral. Requests for details concerning negotiable instruments and the consideration for a claim, formerly part of the schedule, are left to the trustee's inquiries.