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What is the schedule of assets and debts?

FL-142: Schedule of Assets and Debts The FL-142 Schedule of Assets and Debts form is used during divorce proceedings in California to list all known community and separate assets and debts, providing a detailed account of the financial situation for equitable distribution.

What is the schedule of assets?

What is the purpose of the Schedule of Assets? You are required to declare all the assets comprising the estate in the Schedule of Assets. For the cases within the scope of this Toolkit, the Schedule of Assets is used by the court to confirm the value of the estate and to determine the fees payable for the application.

What is a schedule of assets and debts?

List all your known property and debt. This can be used as an attachment to Declaration of Disclosure (form FL-140) or you may use Property Declaration (form FL-160) instead.