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Unscheduled Debt
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An unscheduled debt, in the context of legal proceedings, particularly those involving insolvency or bankruptcy, refers to a financial obligation or liability that a person or entity (referred to as the obligor or borrower) was legally required to disclose or list. This requirement typically arises when the obligor is submitting formal documentation, often termed statements, schedules, or inventories, to a judicial body or court as part of a legal process, such as a bankruptcy filing. The core characteristic of an unscheduled debt is that despite this legal requirement for inclusion or enumeration in the submitted documentation, the specific obligation or liability was either inadvertently or intentionally omitted, left out, or not included in the lists provided to the court.