← All formsForm 106Sum

Summary of Assets & Liabilities.

A one-page cover sheet that totals every dollar figure on the schedules behind it. It's the page the trustee reads first — and the page where most arithmetic mismatches get caught.

~4 min read · Last updated 2026-06-09

Educational information only — not legal advice. BK Prepare is not a law firm. For advice on your specific situation, consult a licensed bankruptcy attorney.

The one-sentence version

Form 106Sum is a single-page totals sheet — it adds up everything from Schedules A/B, D, E/F, I, and J so the trustee can see your whole financial picture in five seconds.

What's on the form

Three short parts. The numbers don't come from new questions — they come from totals on the other schedules.

Part 1 — Summary of assets

Three lines:

Part 2 — Summary of liabilities

Three lines:

And a final grand-total line that adds those three together.

Part 3 — Summary of certain statistical information

Four data points the courts use to track Chapter 7 trends:

Why the trustee reads it first

The summary is a sanity check on the whole package. The trustee scans for a few patterns:

Good to know: Because every figure here is derived from another schedule, software like BK Prepare auto-fills 106Sum from the schedules above it. The most common pro se error — arithmetic mismatch between Sum and the source schedules — basically can't happen with automated form-fill.

Common mistakes

Watch out: The summary's grand totals are what get cited in trustee reports, in the U.S. Trustee's data systems, and in any later motion practice. Numbers here that don't match the schedules will get questioned at the 341 meeting and may require sworn amendments.

Related forms

The summary is the "table of contents" for the substance: Schedule A/B, Schedule D, Schedule E/F, Schedule I, and Schedule J. See the complete forms index.

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