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Official form 106G, Schedule G: Executory Contracts and Unexpired Leases (individuals)

Official form 106G, Schedule G: Executory Contracts and Unexpired Leases (individuals)

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Schedule G: Executory Contracts and Unexpired Leases (Official Form 106G)   

Use Schedule G: Executory Contracts and Unexpired Leases (Official Form 106G) to identify your ongoing leases and certain contracts. List all of your executory contracts and unexpired leases.   

Executory contracts are contracts between you and someone else in which neither you nor the other party has performed all of the requirements by the time you file for bankruptcy. Unexpired leases are leases that are still in effect; the lease period has not yet ended.   

You must list all agreements that may be executory contracts or unexpired leases, even if they are listed on Schedule A/B: Property (Official Form 106A/B), including the following:   

Residential leases (for example, a rental agreement for a place where you live or vacation, even if it is only a verbal or month-to-month arrangement);   

Service provider agreements (for example, contracts for cell phones and personal electronic devices);  

Internet and cable contracts; 

Vehicle leases;  

Supplier or service contracts (for example, contracts for lawn care or home alarm or security systems);  

Timeshare contracts or leases;  

Rent-to-own contracts;  

Employment contracts;   

Real estate listing agreements;  

Contracts to sell a residence, building, land, or other real property; 

Equipment leases;

Leases for business or investment property;  

Supplier and service contracts for your business;  

Copyright and patent license agreements; and   

Development contracts.  

 

COMMITTEE NOTE

The schedules to be used in cases of individual debtors are revised as part of the Forms Modernization Project, making them easier to read and, as a result, likely to generate more complete and accurate responses. The goals of the Forms Modernization Project include improving the interface between technology and the forms so as to increase efficiency and reduce the need to produce the same information in multiple formats. Therefore, many of the open-ended questions and multiple-part instructions have been replaced with more specific questions. The individual debtor schedules are also renumbered, starting with the number 106 and followed by the letter or name of the schedule to distinguish them from the versions to be used in non-individual cases.

Official Form 106G, Schedule G: Executory Contracts and Unexpired Leases, replaces Official Form 6G, Executory Contracts and Unexpired Leases, in cases of individual debtors. 

The form is simplified. Instead of requiring the debtor to make multiple assertions about each potential executory contract or unexpired lease, the form simply requires the debtor to identify the name and address of the other party to the contract or lease, and to state what the contract or lease deals with. Definitions and examples of executory contracts and unexpired leases are included in the separate instructions for the form.

An additional page is provided in case the debtor has so many executory contracts and unexpired leases that the available page is not adequate. If the debtor needs to use the additional page, the debtor is required to fill in the entry number.

 

Automatically apply the Wood County expense standards, and Ohio income standards to your means test calculation.

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