How to Fill Out U.S. Courts Form 206A/B (w/Examples) + FAQs

Official Form 206A/B is the schedule a non-individual debtor uses to list every piece of real and personal property the business owns or has any legal or equitable interest in on the date the bankruptcy case is filed. You must disclose every asset, value each one, and sign under penalty of perjury, or you risk dismissal, denial of discharge, criminal referral under 18 U.S.C. § 152, and loss of the asset to the trustee.

The form is required by Federal Rule of Bankruptcy Procedure 1007 and 11 U.S.C. § 521, which together force every corporation, LLC, partnership, or other non-individual debtor to file complete schedules within 14 days of the petition. The current revision was promulgated by the Judicial Conference’s Advisory Committee on Bankruptcy Rules and is published on the official U.S. Courts forms page.

According to the Administrative Office of the U.S. Courts annual filing data, business bankruptcy filings rose roughly 30% year-over-year recently, and over 22,000 non-individual debtors filed schedules using Form 206A/B in the most recent reporting cycle, making it one of the most-filed property schedules in federal practice.

Here is what this guide delivers:

• 📋 A line-by-line walkthrough of all 91 numbered items across Parts 1–11 of Form 206A/B
• ⚖️ The federal statutes, rules, and rulings that control valuation, disclosure, and amendment
• 🏭 Three full named-debtor examples (restaurant LLC, trucking company, family farm) with realistic numbers
• 🚫 Seven of the most expensive mistakes filers make and exactly how each one blows up the case
• ❓ Ten plain-English FAQs covering Subchapter V, valuation method, amendments, and trustee questions

What Form 206A/B Is and Who Files It

Official Form 206A/B, titled Schedule A/B: Assets — Real and Personal Property, is the master inventory schedule used by every non-individual debtor in a bankruptcy case. It is published by the federal judiciary on the U.S. Courts Bankruptcy Forms page and is mandatory under Bankruptcy Rule 1007(b)(1). The form replaced the old paper “Schedule A” (real property) and “Schedule B” (personal property) when the 2015 forms modernization project merged them into a single document for non-individuals.

A non-individual debtor means any filer that is not a human being. That covers corporations, limited liability companies, partnerships, business trusts, and certain unincorporated associations. Individual debtors file the parallel Form 106A/B, which is similar in spirit but tuned to personal household assets.

Form 206A/B is filed in every chapter that allows business reorganization or liquidation. That includes Chapter 7 liquidation for businesses, Chapter 11 reorganization (including Subchapter V small business cases), Chapter 12 family farmer or fisherman cases when the debtor is an entity, and Chapter 9 municipal cases when applicable.

The plain-English purpose is simple. The form forces the debtor to put every asset on the table so the trustee, creditors, and court know what is available to pay claims. The consequence of leaving anything off is severe: the Fifth Circuit’s Coastal Plains ruling made clear that an undisclosed asset can be frozen in place by judicial estoppel, meaning the debtor can never recover on it later.

A common misconception is that small or worthless property does not need to be listed. That is wrong. Even de minimis items, fully encumbered assets, and contingent or disputed claims must be disclosed if the debtor has any interest at all.

The Governing Law and Why It Matters

Three legal sources drive every line of Form 206A/B. The first is 11 U.S.C. § 521(a)(1)(B), which requires the debtor to file a schedule of assets and liabilities. The second is Bankruptcy Rule 1007, which sets the 14-day filing deadline after the voluntary petition. The third is 11 U.S.C. § 541, which defines the bankruptcy estate as “all legal or equitable interests of the debtor in property as of the commencement of the case.”

The plain-English meaning of § 541 is that the estate is huge. It includes assets the debtor uses, assets the debtor only partially owns, contingent claims, lawsuits the debtor has not filed yet, and even property the debtor forgot about. The consequence of misunderstanding § 541 is that filers leave off contingent or intangible assets and end up sanctioned.

A real-world example helps. In In re Coastal Plains, Inc., 179 F.3d 197 (5th Cir. 1999), a debtor failed to list a $10 million claim against a creditor on its schedules. The Fifth Circuit applied judicial estoppel and barred the debtor from ever pursuing the claim. The lost asset was worth more than the entire reorganization.

A common misconception is that the trustee will figure out the value, so the debtor can guess. The form requires the debtor’s good-faith valuation, and an unreasonable number can be treated as a false oath under 11 U.S.C. § 727(a)(4), which can deny discharge in a Chapter 7 case.

How the Form Is Structured

Form 206A/B is organized into 11 numbered parts plus a summary block. Part 1 covers cash and cash equivalents. Part 2 covers deposits and prepayments. Part 3 covers accounts receivable. Part 4 covers investments. Part 5 covers inventory. Part 6 covers farming and fishing property. Part 7 covers office furniture, fixtures, and equipment. Part 8 covers machinery, equipment, and vehicles. Part 9 covers real property. Part 10 covers intangibles and intellectual property. Part 11 covers all other assets not yet listed.

Each line asks for a description, the net book value (where requested), a valuation method, and the current value of debtor’s interest. The current-value column is the critical one. It is the figure the trustee uses to decide whether to liquidate or abandon the asset under 11 U.S.C. § 554.

The form ends with a Total of all property line that flows into Form 206Sum (Summary of Assets and Liabilities). Mistakes on the totals cascade into the summary, the Statement of Financial Affairs (Form 207), and the monthly operating reports the U.S. Trustee will demand later.

Part 1: Cash and Cash Equivalents (Lines 1–4)

Part 1 covers cash on hand, checking, savings, and money market accounts. Line 2 asks for cash on hand at the petition date. Line 3 lists each checking, savings, money market, brokerage cash, and CD account separately, with the bank name, last four digits of the account number, and the balance. Line 4 totals Part 1 and carries it to the summary.

The valuation rule here is straightforward: cash equals face value. The consequence of rounding or estimating is that the trustee will reconcile the schedule against the bank’s daily statement and demand any difference. Filers should pull a statement showing the petition-date balance the day before filing.

A real-world example: Acme Diner LLC files Chapter 7 with $412.18 in the cash drawer and $7,231.04 in a Wells Fargo checking account. Acme lists each on a separate line with the last four digits of the account number, not the full number, per privacy rules in Bankruptcy Rule 9037.

A common misconception is that PayPal, Venmo, Stripe, and Square balances do not count. They do. They are deposit-like accounts and belong on Line 3.

Part 2: Deposits and Prepayments (Lines 5–9)

Part 2 captures security deposits, utility deposits, prepaid rent, prepaid insurance, and prepaid taxes. Line 7 covers deposits, including landlord, utility, and bond deposits. Line 8 covers prepaid expenses such as the unused portion of an annual insurance premium. Line 9 totals Part 2.

These items often have real recovery value because the underlying contract may be assumed and the deposit returned. The consequence of omitting them is that the debtor abandons a potential refund to the counterparty for free. Filers should list each deposit on its own sub-line with the holder’s name and the dollar amount.

For example, Ridge Trucking Inc. prepays $18,400 of commercial auto insurance on January 1 and files Chapter 11 on April 1. Three months of the policy are unused. Ridge lists $13,800 on Line 8, with valuation method “remaining unearned premium.”

A common mistake is listing the gross prepayment instead of the unused portion. Only the unearned, refundable portion belongs in the current-value column.

Part 3: Accounts Receivable (Lines 10–12)

Part 3 covers all amounts owed to the debtor by customers or other parties. Line 11a captures receivables 90 days old or less. Line 11b captures receivables over 90 days old. Each must be reported at face value and at doubtful accounts written off, with the net carried as the current value.

The plain-English rule is that you list the gross, list the allowance for doubtful accounts, and report the net. The consequence of overstating receivables is that the trustee will sue every customer and the debtor will be cross-examined at the § 341 meeting of creditors about the inflated number.

For example, Hilltop Family Farm LLC is owed $94,000 by a co-op. The co-op filed its own bankruptcy and is paying 12 cents on the dollar. Hilltop lists $94,000 face, less an $82,720 allowance, for a current value of $11,280.

A common misconception is that intercompany receivables from affiliates do not need to be listed. They do, on Line 77 (other assets) if not on Line 11, and they often become contested under § 548 fraudulent transfer law.

Part 4: Investments (Lines 13–17)

Part 4 covers stock, bonds, partnership interests, joint ventures, and government and corporate bonds. Line 15 lists each investment by issuer. Line 16 lists non-publicly traded interests, including LLC membership interests and closely held stock.

The valuation rule splits into two paths. Publicly traded securities use the closing price on the petition date. Closely held interests use a good-faith estimate, often supported by a recent appraisal or a multiple of trailing earnings. The consequence of using book value for an LLC interest with a thriving operating company is that the trustee will obtain a true valuation and pursue a turnover under § 542.

For example, MetroTech Holdings LLC owns a 40% stake in a profitable subsidiary. Book value on its tax return is $50,000. Fair market value, based on a recent third-party offer, is $1.4 million. MetroTech lists $1.4 million with valuation method “comparable third-party offer.”

Part 5: Inventory (Lines 18–24)

Part 5 covers raw materials, work-in-progress, finished goods, and supplies. Line 19 lists raw materials. Line 20 lists work in process. Line 21 lists finished goods. Line 22 lists other inventory or supplies. Line 23 totals Part 5.

The form asks for both net book value and valuation method used for current value. Most filers use the lower of cost or market under GAAP guidance from FASB ASC 330, but a liquidation valuation is more honest if the debtor is in Chapter 7. The consequence of using retail value in a Chapter 7 inventory liquidation is gross overstatement, which can trigger objections from the U.S. Trustee Program.

For example, Acme Diner LLC has $6,200 of food inventory at cost. In a Chapter 7, the perishable portion is worthless within 48 hours. Acme lists $6,200 book value and $1,800 current value with method “perishable liquidation.”

Part 6: Farming and Fishing Property (Lines 25–33)

Part 6 is the agricultural section. Line 26 covers crops, either growing or harvested. Line 27 covers farm animals. Line 28 covers farm machinery and equipment. Line 29 covers farm and fishing supplies, chemicals, and feed.

Crop valuation is tricky because growing crops fluctuate with weather and commodity prices. The consequence of inflating a growing-crop value is that the Chapter 12 trustee will hire an agricultural appraiser and adjust the plan feasibility analysis. Filers should anchor crop values to the USDA’s published commodity prices on or near the petition date.

For example, Hilltop Family Farm LLC has 240 acres of corn at the V6 growth stage. Based on USDA county yield averages and December futures, Hilltop estimates a harvest value of $312,000 with $74,000 of remaining input costs. The current value reported is $238,000, with method “USDA yield × futures less remaining inputs.”

Part 7: Office Furniture, Fixtures, and Equipment (Lines 34–41)

Part 7 covers desks, chairs, computers, phones, copiers, and similar non-production equipment. Line 39 lists office furniture. Line 40 lists office fixtures. Line 41 lists office equipment, including all computers, servers, and software.

The current-value column should reflect liquidation value for used office equipment, which is often pennies on the dollar. The consequence of using purchase price is overstatement that the trustee will quickly correct. A wise filer pulls comparable listings from GovDeals or a similar auction site and attaches the support to the workpapers.

Part 8: Machinery, Equipment, and Vehicles (Lines 42–51)

Part 8 covers production machinery, manufacturing equipment, vehicles, aircraft, and watercraft. Line 47 lists each vehicle separately, with year, make, model, mileage, and VIN’s last four digits. Line 50 lists machinery and equipment used in the business.

The valuation method for vehicles should be a recognized guide such as NADA Guides or Kelley Blue Book wholesale value, and the source must be named. The consequence of using “trade-in” or “retail” is wide variance with the trustee’s broker.

For example, Ridge Trucking Inc. owns six 2021 Freightliner Cascadias. Each has roughly 480,000 miles. Ridge lists each truck with the last four of the VIN and a current value of $42,500 per unit, citing a Truck Blue Book wholesale comparable.

Part 9: Real Property (Lines 52–56)

Part 9 covers every parcel of real estate the debtor owns, leases, or holds an interest in. Line 55 lists each property by street address, county, type (e.g., warehouse, retail), and current value. The form requires a brief description of the nature and extent of the debtor’s interest, such as fee simple, leasehold, or easement.

Real property valuation should rely on a recent appraisal or a county assessor record. The consequence of guessing is that the secured lender will file a Rule 3012 motion to value the collateral and obtain a binding number that may strip equity from the debtor’s plan.

For example, MetroTech Holdings LLC owns a 14,000-square-foot office building in Austin. A March appraisal pegs it at $3.2 million. The first mortgage is $2.1 million. MetroTech lists $3.2 million in Part 9 and the $2.1 million lien on Form 206D.

Part 10: Intangibles and Intellectual Property (Lines 57–66)

Part 10 covers patents, copyrights, trademarks, trade secrets, internet domains, customer lists, and goodwill. Line 60 lists patents. Line 61 lists trademarks. Line 62 lists copyrights. Line 64 lists customer lists and mailing lists. Line 65 lists goodwill.

Intangibles are routinely undervalued or omitted, and that mistake is expensive. The consequence is forfeiture of valuable IP under § 541 and possible post-petition sale under § 363 at fire-sale prices. Filers should search the USPTO TESS database and the U.S. Copyright Office records for every registration in the debtor’s name.

A common misconception is that domain names and social media handles are not “property.” They are. A premium domain or a 200,000-follower Instagram handle has documented sale value and belongs on Line 66 (other intangibles).

Part 11: All Other Assets (Lines 67–77)

Part 11 is the catch-all. Line 71 lists causes of action against third parties. Line 72 lists other contingent and unliquidated claims of every nature. Line 73 lists trusts, equitable or future interests, and rights to receive property. Line 74 lists interests in insurance policies. Line 75 lists annuities. Line 76 lists tax refunds.

Line 71 is the most-litigated line on the form. Every potential lawsuit, every demand letter, every preference, every fraudulent transfer, every D&O claim, and every commercial tort claim must be listed, even if not yet filed and even if the value is unknown. The consequence of leaving a claim off Line 71 is judicial estoppel under Hamilton v. State Farm, 270 F.3d 778 (9th Cir. 2001), which bars the debtor from later prosecuting the undisclosed claim.

For example, Acme Diner LLC slipped on its own grease and sued its insurer for bad-faith denial six months pre-petition. Counsel values the claim at $0 to $250,000. Acme lists it as “Bad-faith insurance claim against XYZ Insurance, value unknown” with current value “Unknown.”

Three Realistic Filing Scenarios

Below are three scenarios showing how property and consequences map onto Form 206A/B for very different debtors.

Scenario 1: Acme Diner LLC (Chapter 7 Restaurant Liquidation)

Asset Reported on 206A/B	Liquidation Outcome
$7,643 cash and bank balances on Line 3	Trustee sweeps to estate within 7 days
$6,200 food inventory listed at $1,800 current value	Trustee abandons under § 554 due to spoilage
$42,000 used kitchen equipment on Line 50	Trustee auctions through licensed auctioneer
Pending bad-faith insurance claim on Line 71	Trustee sells claim back to insider for $7,500
$14,000 leasehold improvements on Line 55	Abandoned to landlord at lease rejection

Scenario 2: Ridge Trucking Inc. (Chapter 11 Reorganization)

Asset Reported on 206A/B	Reorganization Outcome
Six tractors at $42,500 each on Line 47	Lender files Rule 3012 motion, values at $39,000
$13,800 unearned insurance premium on Line 8	Carrier refunds upon rejection of policy
$310,000 accounts receivable on Line 11a	DIP financing collateral, swept daily
$0 reported customer list on Line 64	Plan sponsor pays $400,000 to assume contracts
Warehouse on Line 55 valued at $1.9 million	Confirmed plan retains property at appraised value

Scenario 3: Hilltop Family Farm LLC (Chapter 12 Family Farmer)

Asset Reported on 206A/B	Chapter 12 Outcome
$238,000 growing corn crop on Line 26	Pledged to FSA, harvested in Q4
240 acres farmland on Line 55 valued at $1.44 million	Cramdown under § 1225 to appraised value
$11,280 net co-op receivable on Line 11	Recovered as proof of claim in co-op case
$94,000 farm machinery on Line 28	Retained, paid through five-year plan
$0 reported pesticide drift claim on Line 71	Estopped under Coastal Plains, no recovery

Three Named Examples Walked Through Line by Line

Maria Alvarez, the managing member of Acme Diner LLC, prepares the schedules herself. She begins with Part 1, listing $412.18 cash on hand and $7,231.04 in the Wells Fargo operating account on Line 3. She moves to Part 5 and lists $6,200 of inventory at cost with a $1,800 liquidation current value. She uses Line 50 to list a hood, two reach-ins, and a six-burner range. She finishes with Line 71, listing the unfiled bad-faith claim at “Unknown” value, citing Bankruptcy Rule 1007.

Daniel Park, the CFO of Ridge Trucking Inc., files in Chapter 11 with counsel. He fills Part 8 with each of six tractors using NADA wholesale, lists $13,800 unearned insurance premium on Line 8, and reports $310,000 of accounts receivable broken into 90-day buckets on Line 11. He uses Line 73 to list a contingent reversionary interest in a leased terminal, a frequently missed asset that an experienced Subchapter V trustee will probe at the first-day hearing.

Janet Ruiz, the bookkeeper for Hilltop Family Farm LLC, works with farm counsel to file Chapter 12. Janet uses USDA county yields to value 240 acres of growing corn at $238,000 on Line 26. She lists farmland on Line 55 at $1.44 million using a USPAP-compliant appraisal. She uses Line 71 to list a possible pesticide-drift claim at “Unknown,” protecting the farm against later judicial estoppel under Hamilton v. State Farm.

Mistakes to Avoid

There are at least seven recurring mistakes that destroy value or kill cases. Each one has a clear consequence.

• Failing to list contingent claims on Line 71. The asset is forever lost under judicial estoppel from Coastal Plains.
• Using gross prepaid amounts instead of unearned portions on Line 8. The trustee marks down the value, and the debtor’s § 1129 feasibility collapses.
• Listing real property at tax-assessor value when an appraisal exists. The secured lender wins a Rule 3012 motion at a higher value and strips plan equity.
• Omitting domain names, customer lists, and goodwill from Part 10. The trustee discovers them and sells under § 363 at fire-sale prices.
• Reporting full account numbers in violation of Rule 9037. The clerk seals or strikes the schedule, costing time and triggering a redaction motion.
• Forgetting to amend after discovering new assets. The duty to amend is continuous under Rule 1009, and ignoring it can support a § 727(a)(4) discharge denial in a Chapter 7 entity case.
• Signing the Declaration Under Penalty of Perjury (Form 202) without truly reviewing each line. False oaths can be referred to the U.S. Attorney under 18 U.S.C. § 152, which carries up to five years in prison.

Valuation Methods That Hold Up

The “valuation method used for current value” column is where many debtors lose credibility. Acceptable methods vary by asset class. Cash uses face value. Receivables use net realizable value. Inventory uses lower of cost or market or liquidation value. Real estate uses a recent USPAP appraisal under Uniform Standards of Professional Appraisal Practice. Vehicles use a published guide such as NADA. Closely held equity uses comparable transactions or capitalized earnings.

The consequence of mixing methods within a category is that the U.S. Trustee will object and demand a Rule 2004 examination to dig into the books. The fix is to pick one defensible method per asset class and write the same phrase in every applicable cell.

A common misconception is that “book value” is always safe. Book value is rarely current value because it ignores appreciation, market conditions, and depreciation timing. Book value belongs in the net book value column, not the current value of debtor’s interest column.

Filing, Signing, and Amending the Form

Form 206A/B must be signed under penalty of perjury on the companion Form 202 Declaration. Only an authorized officer, member, or general partner of the entity may sign. The signed schedule is filed with the court through PACER/CM-ECF within 14 days of the petition under Rule 1007(c).

Amendments are made on the same form, marked “Amended,” and filed under Rule 1009. The duty to amend is continuing for the life of the case. The consequence of a stale schedule is that any creditor or party in interest can move to convert under § 1112 for cause based on inadequate disclosure.

A common misconception is that the U.S. Trustee will give a “free pass” if a missing asset is voluntarily added later. Voluntary disclosure helps, but it does not erase a knowing omission, and the Office of the U.S. Trustee tracks late amendments closely.

Do’s and Don’ts

• Do pull a petition-date balance for every bank, brokerage, and merchant-processor account before filing.
• Do search USPTO and U.S. Copyright Office records for IP registered in the debtor’s name.
• Do attach a separate continuation page when a line has more entries than space, labeled clearly with the line number.
• Do choose one valuation method per asset class and use the same phrase in every cell of that class.

• Do reconcile the Part 12 totals to the Form 206Sum summary before filing.

• Don’t list full account numbers; redact to the last four digits per Rule 9037.

• Don’t omit any contingent or disputed claim; list it with current value “Unknown” rather than skip it.
• Don’t sign the Form 202 declaration until each line has been read and verified by an authorized signer.
• Don’t use retail or replacement-cost valuations for used equipment headed to auction.
• Don’t ignore the duty to amend; file amendments promptly under Rule 1009.

Pros and Cons of Self-Preparing Form 206A/B

• Pro: Cost savings versus paying counsel for a line-by-line draft.
• Pro: Owners often know the assets best and can describe them precisely.
• Pro: Self-preparation forces management to inventory the business honestly.
• Pro: Most cells are mechanical once the data is collected from the books.

• Pro: Filing pro se is permitted for very small entities in some districts under local rules.

• Con: Missed contingent claims trigger judicial estoppel and lost recoveries.

• Con: Wrong valuation methods invite Rule 2004 exams and sanctions.
• Con: Most courts forbid corporations from appearing without counsel under Rowland v. California Men’s Colony, 506 U.S. 194 (1993).
• Con: Errors propagate to Form 206Sum, Form 207, and the monthly operating reports.
• Con: A false oath can lead to criminal referral under 18 U.S.C. § 152.

Key Court Rulings to Recap

Three rulings shape modern practice on Form 206A/B disclosure. In re Coastal Plains, Inc., decided by the Fifth Circuit, holds that an undisclosed asset is judicially estopped from later prosecution. The plain-English meaning is that if you do not list it, you cannot use it. The consequence is total loss of the asset, no matter how valuable.

Hamilton v. State Farm Fire & Casualty Co., 270 F.3d 778 (9th Cir. 2001) extends the same rule to lawsuits a debtor knows about pre-petition. The Ninth Circuit refused to let a debtor pursue a claim he never scheduled. The consequence for a non-individual debtor is identical: list every claim, even if value is unknown.

Cusano v. Klein, 264 F.3d 936 (9th Cir. 2001) addressed undisclosed royalties and confirmed that intangible income streams are estate property and must be scheduled. The plain-English point is that a stream of money owed to the debtor is just as much an asset as a building.

A common misconception is that judicial estoppel only applies if the omission was intentional. Several circuits, including the Eleventh Circuit in Burnes v. Pemco Aeroplex, 291 F.3d 1282, have applied estoppel even to negligent omissions when the asset was clearly known.

How 206A/B Connects to Other Forms

Form 206A/B never travels alone. It feeds Form 206Sum (Summary of Assets and Liabilities), is signed via Form 202 (Declaration), and pairs with Form 206D (secured creditors), Form 206E/F (priority and non-priority unsecured creditors), Form 206G (executory contracts), and Form 206H (codebtors).

The plain-English point is that what shows up on 206A/B drives every other schedule. A piece of equipment on Line 50 with a lien must also appear on Form 206D. A leased forklift listed on Line 50 must also appear on Form 206G. The consequence of mismatch is that the § 341 meeting becomes a long, embarrassing reconciliation exercise.

A common misconception is that secured collateral does not need to be on 206A/B because it is “underwater.” That is wrong. The asset still belongs to the estate under § 541 and must be listed at full current value, with the lien shown separately on Form 206D.

State-Law Nuances Layered Onto Federal Disclosure

Federal law sets the disclosure floor, but state law often adds context. Some states, including Texas and Florida, have aggressive exemption regimes that affect individual debtors but not non-individuals. Non-individual debtors do not claim exemptions, so 206A/B does not include the Schedule C exemption column found on individual schedules.

State entity law still controls what the debtor owns. A single-member LLC’s assets are property of the LLC, not the member, under most state LLC acts, including the Delaware Limited Liability Company Act § 18-701. The consequence of confusing entity ownership with member ownership is mis-listing personal items as estate property or vice versa, which can cause § 542 turnover disputes.

A common misconception is that community property rules affect 206A/B. They do not for a non-individual debtor; community property concepts apply only to individual debtors filing 106A/B in community property states.

FAQs

Is Form 206A/B required in every non-individual bankruptcy case?

Yes. Every non-individual debtor must file Form 206A/B under Rule 1007 in Chapter 7, 11, 12, and 9 cases, regardless of how few assets the entity owns.

Can a corporation file Form 206A/B without a lawyer?

No. Under Rowland v. California Men’s Colony, 506 U.S. 194, corporations and most other artificial entities must appear through licensed counsel in federal court, including bankruptcy court.

Does book value satisfy the “current value of debtor’s interest” column?

No. Book value belongs in the separate net book value column; current value must reflect a good-faith market or liquidation figure tied to a stated valuation method.

Must contingent or unfiled lawsuits be listed?

Yes. Line 71 requires every cause of action, even unfiled or unliquidated ones, and omission triggers judicial estoppel under Coastal Plains.

Are intercompany receivables property of the estate?

Yes. Receivables from affiliates are estate property under § 541 and must be listed at face value with an allowance for doubtful collection.

Do I list assets that are fully encumbered by a lien?

Yes. All assets are listed at full current value on 206A/B, with the secured claim disclosed separately on Form 206D.

Can the deadline to file Form 206A/B be extended?

Yes. A motion under Rule 1007(c) can extend the 14-day deadline for cause, but extensions are disfavored and usually capped at a short additional period.

Are domain names and social-media handles really assets?

Yes. Premium domains and large social handles have measurable market value and belong in Part 10 as intangibles, not on the cutting-room floor.

Does amending Form 206A/B cure an earlier omission?

No. Amendment helps but does not automatically erase a knowing omission, and a § 727(a)(4) false-oath claim can survive a late fix.

Can a Subchapter V small business debtor use a simpler version of the form?

No. Subchapter V cases use the same Form 206A/B, although the Subchapter V process speeds plan confirmation and adds a standing trustee to oversee the schedules.