Keathley v. Buddy Ayers Construction, Inc. · ¶11

To facilitate the creation of an accurate bankruptcy estate, the Bankruptcy Code imposes disclosure obligations on debtors. For instance, debtors must file bankruptcy schedules listing their property. See §521(a)(1)(B); Fed. Rule Bkrtcy. Proc. 1007(b)(1). One such schedule requires debtors to disclose all “[c]laims against third parties, whether or not [the debtor] ha[s] filed a lawsuit or made a demand for payment.” Official Form 106A/B, Schedule A/B: Property, Pt. 4, Question 33. The schedule lists “[a]ccidents” and “rights to sue” as “[e]xamples” of possible claims. Ibid. (emphasis deleted). Debtors must swear, “[u]nder penalty of perjury,” that the information provided is “true and correct.” Official Form 106Dec, Declaration About an Individual Debtor’s Schedules.

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