To get an overall picture of how much money you owe to creditors, use this worksheet to record information on creditors and then total the Amount Owed and Monthly Payment columns.
|Name of Creditor||Mailing Address||Account Number||Amount Owed||Monthly Payment||Months Not Paid|
• How do the amounts you owe and monthly payments compare to your income?
• What are you able to pay each month?
• Which debts are most important to be paid?
This information can help you prioritize which debts to pay and help you estimate what you can offer if you negotiate new terms and conditions on outstanding debt.