Build a first-day list of creditors and claimed security interests
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the books the lawyer supplies, list each creditor, the amount the books state, and any document that claims a security interest, quoting the collateral description in that document. Do not fill a schedule and do not say an interest is perfected.
- What the lawyer must review
- 11 U.S.C. § 521(a)(1) requires the debtor to file a list of creditors and, unless the court orders otherwise, a schedule of assets and liabilities, a schedule of current income and current expenditures, a statement of financial affairs (and the § 342(b) certificate when that section applies), copies of payment advices or other evidence of payment received within 60 days before the petition from any employer, a statement of monthly net income, and a statement of any reasonably anticipated increase in income or expenditures over the 12 months after filing. The lawyer prepares those papers. Bankruptcy Rule 9011(b) is the certification when a petition, pleading, written motion, or other document is presented. Rule 9011(a) excepts a list, schedule, or statement from the signature requirement. The tool still writes none of the filed schedule. Perfection of a security interest is state commercial law, and that statute was not opened.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes assembling provisional schedules. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Check the current court or regulator requirements, prescribed form and attachments for the intended document and filing.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.
Forms and precedents for this task
| Form or precedent | Kind | AI use | Summary |
|---|---|---|---|
| Letter proposing relief from the automatic stay | Letter | AI use Yellow | A letter to debtor's counsel about a possible motion for relief from the automatic stay. |
Signed-in accounts can read the full text of each one. All precedents.