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Unsecured Portion of a Secured Claim

How to enter a claim that is an unsecured portion of a secured claim in a business case.

Katie Stasiulewicz avatar
Written by Katie Stasiulewicz
Updated over 2 weeks ago

Where to enter this in NextChapter: New Unsecured Nonpriority Claim > Claim is an unsecured portion of a secured claim checkbox

If you have a claim that is an unsecured portion of a secured claim, first put the secured portion of the claim into the Secured Claims section

After you have entered the secured claim, you can enter a new unsecured claim into Unsecured Nonpriority Claims.  You can attach it to the secured claim by selecting the box labeled Claim is an unsecured portion of a secured claim and selecting the appropriate claim from the dropdown

This information will then report on form 201, List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders.

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