Schedule D discloses any and all creditors that retain liens against any of your real or personal property. These types of creditors are typically referred to as "secured creditors". Common examples of secured creditors include mortgage companies, car loan companies, financing companies, and other banking type institutions that may lend you money and retain a lien against whatever property being purchased by you with the money lent. Secured creditors also include creditors that have been able to obtain a judgment against you and have attached that judgment as a lien against your property. Other creditors that may become secured creditors pursuant to Federal or State law also include homeowner's associations, municipal billing authorities for items such as water bills, property taxes, or for other municipal charges that then become secured against real property owned by you. Federal and State income taxes, trust fund taxes, or any other type of tax owed by you may also become a secured debt against your property. Schedule D is designed so that the left hand column lists the name and address of the secured creditor, the next column to the right describes who is liable for the debt and whether the secured debt is unliquidated, disputed, or contingent, the next column then describes the property which secures the debt, such as a car or a home. The following two columns list the total amount owed on the secured debt and whether any of the total amount owed is unsecured (meaning that the secured creditor is owed more than what the property securing the debt is worth). There are other events that could create a secured debt in real or personal property requiring you to disclose that secured creditor. To learn more, contact the attorneys at Belsky, Weinberg, & Horowitz, LLC.