Upon filing for bankruptcy, a Debtor is required to publish a Schedule of Assets and Liabilities (commonly known as the "Schedules"). The Schedules detail the Debtor's assets and liabilities based on the internal books and records of the Debtor. From these Schedules, any amounts owed to a creditor are recorded as a Scheduled Claim. A Scheduled Claim may or may not match what the Creditor believes to be the correct amount owed. For this reason, it is important that a Creditor assert their own Proof of Claim and have it filed with the Bankruptcy Court. Any difference between the Scheduled Claim and Proof of Claim will be reconciled as part of the Debtor's reorganization process.