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The debtor intends to surrender the collateral for a secured debt, but the creditor still appears in Subpart C of the B22 form. How do I remove the creditor from Subpart C?

April 26, 2017appears collateral Creditor debtor intends secured debt subpart surrender

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The debtor intends to surrender the collateral for a secured debt, but the creditor still appears in Subpart C of the B22 form. How do I remove the creditor from Subpart C?

1 Answer

0

10 Posted

Select “Liabilities Schedules” from the Client menu. In the Liabilities window, double-click the creditor in question. In the Edit Liabilities window, click the B22 tab. Check-mark Use payment schedule… . Make sure the remaining fields all show zeros, and click OK. In the dialog box that appears, click OK to remove the creditor from Subpart C and close the dialog box.