WIXLIB

5:10-bk-70801 Doc#: 50 Filed: 03/16/10 Entered: 03/16/10 17:03:32 Page 1 of 155B6 Summary (Official Form 6 - Summary) (12/07)}bk1{Form6.SuayfchedlsUnited States Bankruptcy CourtWestern District of ArkansasIn reJohn David Lindsey,Case No.5:10-bk-70801DebtorChapter7SUMMARY OF SCHEDULESIndicate as to each schedule whether that schedule is attached and state the number of pages in each. Report the totals from Schedules A,B, D, E, F, I, and J in the boxes provided. Add the amounts from Schedules A and B to determine the total amount of the debtor’s assets.Add the amounts of all claims from Schedules D, E, and F to determine the total amount of the debtor’s liabilities. Individual debtors mustalso complete the "Statistical Summary of Certain Liabilities and Related Data" if they file a case under chapter 7, 11, or 13.NAME OF SCHEDULEATTACHED(YES/NO)NO. OFSHEETSASSETSLIABILITIESOTHERA - Real PropertyYes3B - Personal PropertyYes18C - Property Claimed as ExemptYes1D - Creditors Holding Secured ClaimsYes510,164,374.50E - Creditors Holding UnsecuredPriority Claims (Total of Claims on Schedule E)Yes5329,940.44F - Creditors Holding UnsecuredNonpriority ClaimsYes74G - Executory Contracts andUnexpired LeasesYes6H - CodebtorsYes3I - Current Income of IndividualDebtor(s)Yes18,536.13J - Current Expenditures of IndividualDebtor(s)Yes219,921.04Total Number of Sheets of ALL tal Assets9,985,832.81Total LiabilitiesSoftware Copyright (c) 1996-2010 - Best Case Solutions - Evanston, IL - www.bestcase.com169,603,033.95Best Case Bankruptcy

5:10-bk-70801 Doc#: 50 Filed: 03/16/10 Entered: 03/16/10 17:03:32 Page 2 of 155Form 6 - Statistical Summary (12/07)}ebkr{t1aiFnoLm6.lSscdRuyDfCUnited States Bankruptcy CourtWestern District of ArkansasIn reJohn David Lindsey,Case No.5:10-bk-70801DebtorChapter7STATISTICAL SUMMARY OF CERTAIN LIABILITIES AND RELATED DATA (28 U.S.C. § 159)If you are an individual debtor whose debts are primarily consumer debts, as defined in § 101(8) of the Bankruptcy Code (11 U.S.C.§ 101(8)), filinga case under chapter 7, 11 or 13, you must report all information requested below.Check this box if you are an individual debtor whose debts are NOT primarily consumer debts. You are not required toreport any information here.This information is for statistical purposes only under 28 U.S.C. § 159.Summarize the following types of liabilities, as reported in the Schedules, and total them.Type of LiabilityAmountDomestic Support Obligations (from Schedule E)Taxes and Certain Other Debts Owed to Governmental Units(from Schedule E)Claims for Death or Personal Injury While Debtor Was Intoxicated(from Schedule E) (whether disputed or undisputed)Student Loan Obligations (from Schedule F)Domestic Support, Separation Agreement, and Divorce DecreeObligations Not Reported on Schedule EObligations to Pension or Profit-Sharing, and Other Similar Obligations(from Schedule F)TOTALState the following:Average Income (from Schedule I, Line 16)Average Expenses (from Schedule J, Line 18)Current Monthly Income (from Form 22A Line 12; OR,Form 22B Line 11; OR, Form 22C Line 20 )State the following:1. Total from Schedule D, "UNSECURED PORTION, IF ANY"column2. Total from Schedule E, "AMOUNT ENTITLED TO PRIORITY"column3. Total from Schedule E, "AMOUNT NOT ENTITLED TOPRIORITY, IF ANY" column4. Total from Schedule F5. Total of non-priority unsecured debt (sum of 1, 3, and 4)Software Copyright (c) 1996-2010 - Best Case Solutions - Evanston, IL - www.bestcase.comBest Case Bankruptcy

5:10-bk-70801 Doc#: 50 Filed: 03/16/10 Entered: 03/16/10 17:03:32 Page 3 of 155B6A (Official Form 6A) (12/07)}bk1{SchedulARaProptyIn reJohn David LindseyCase No.,5:10-bk-70801DebtorSCHEDULE A - REAL PROPERTYExcept as directed below, list all real property in which the debtor has any legal, equitable, or future interest, including all property owned as acotenant, community property, or in which the debtor has a life estate. Include any property in which the debtor holds rights and powers exercisable forthe debtor's own benefit. If the debtor is married, state whether husband, wife, both, or the marital community own the property by placing an "H," "W,""J," or "C" in the column labeled "Husband, Wife, Joint, or Community." If the debtor holds no interest in real property, write "None" under"Description and Location of Property."Do not include interests in executory contracts and unexpired leases on this schedule. List them in Schedule G - Executory Contracts andUnexpired Leases.If an entity claims to have a lien or hold a secured interest in any property, state the amount of the secured claim. See Schedule D. If no entityclaims to hold a secured interest in the property, write "None" in the column labeled "Amount of Secured Claim." If the debtor is an individual orif a joint petition is filed, state the amount of any exemption claimed in the property only in Schedule C - Property Claimed as Exempt.Description and Location of PropertyNature of Debtor'sInterest in PropertyCurrent Value ofHusband,Debtor's Interest inWife,Property, withoutJoint, orany SecuredCommunity DeductingClaim or ExemptionAmount ofSecured Claim50% ownership interest (co-owner Brian Adams)in rent house at 701 ArcadiaBentonville, AR100% value of home 140,000; total debt 75,137.88; total equity 64,862.12; debtor's 1/2equity 32,431.06-140,000.0075,137.8850% ownership interestin rent house at605 ArcadiaBentonville, AR100% value 148,000; total debt 75,137.88;total equity 72,862.12; debtor's 1/2 of equity 36,431.06-148,000.0075,137.883880 W Weir Road (2.01 acres)Salem Road, 6.16rental house at3435 Vassar, Fayetteville-122,000.00119,698.85rent house at 3341 Wyman RoadFayetteville, AR-140,000.0097,245.51rent house at1806 S.E StreetRogers, AR-74,000.0067,166.37rent house at2310 Matterhorn-385,000.00381,526.783521 N. Par CourtFayetteville, ARDebtor's HOMESub-Total 11,875,000.00(Total of this page)continuation sheets attached to the Schedule of Real PropertySoftware Copyright (c) 1996-2010 - Best Case Solutions - Evanston, IL - www.bestcase.comBest Case Bankruptcy

5:10-bk-70801 Doc#: 50 Filed: 03/16/10 Entered: 03/16/10 17:03:32 Page 4 of 155B6A (Official Form 6A) (12/07) - Cont.In reJohn David LindseyCase No.,5:10-bk-70801DebtorSCHEDULE A - REAL PROPERTY(Continuation Sheet)Description and Location of Propertyhouse at3329 WaterstoneSpringdale, ARpursuant to divorce decree, debtor is to makemortgage payments and ultimately deed to property toformer spouseNature of Debtor'sInterest in PropertyAmount ofSecured Claim-350,000.00324,000.00Lot in Heritage Hills, in Springdale, AR-65,000.0065,578.51Lot 28, Bridgewater, Fayetteville, AR-125,000.00102,059.6957 rent houses, located in Benton and WashingtonCounty; see attached list; all subject to mortgage infavor of First Security Bank-7,300,000.006,892,180.86rent house 501A/B/C/DSW 11th, Bentonville, AR - titled in debtor's name this property was supposed to be transfered to JasonR "Bob" & Patricia Moore when their partnership withdebtor was dissolved several years ago. Debtorbelieve he has no "equitable" right to this property-0.00105,560.054872 Prestwick Cr., Fayetteville, ARClear Creek Ph III-0.00259,910.002 lots in Turnbridge Wells, Bentonville, AR-62,000.0061,000.00Sheet1of1titled jointly with formerspouseCurrent Value ofHusband,Debtor's Interest inWifeProperty, withoutJoint, orany SecuredCommunity DeductingClaim or ExemptionSub-Total 7,902,000.00Total 9,777,000.00(Total of this page)continuation sheets attached to the Schedule of Real Property(Report also on Summary of Schedules)Software Copyright (c) 1996-2010 - Best Case Solutions - Evanston, IL - www.bestcase.comBest Case Bankruptcy

5:10-bk-70801 Doc#: 50 Filed: 03/16/10 Entered: 03/16/10 17:03:32 Page 5 of 155

5:10-bk-70801 Doc#: 50 Filed: 03/16/10 Entered: 03/16/10 17:03:32 Page 6 of 155B6B (Official Form 6B) (12/07)}kb{1SchedulBPrsonaptyIn reJohn David LindseyCase No.,5:10-bk-70801DebtorSCHEDULE B - PERSONAL PROPERTYExcept as directed below, list all personal property of the debtor of whatever kind. If the debtor has no property in one or more of the categories, placean "x" in the appropriate position in the column labeled "None." If additional space is needed in any category, attach a separate sheet properly identifiedwith the case name, case number, and the number of the category. If the debtor is married, state whether husband, wife, both, or the marital communityown the property by placing an "H," "W," "J," or "C" in the column labeled "Husband, Wife, Joint, or Community." If the debtor is an individual or a jointpetition is filed, state the amount of any exemptions claimed only in Schedule C - Property Claimed as Exempt.Do not list interests in executory contracts and unexpired leases on this schedule. List them in Schedule G - Executory Contracts andUnexpired Leases.If the property is being held for the debtor by someone else, state that person's name and address under "Description and Location of Property."If the property is being held for a minor child, simply state the child's initials and the name and address of the child's parent or guardian, such as"A.B., a minor child, by John Doe, guardian." Do not disclose the child's name. See, 11 U.S.C. §112 and Fed. R. Bankr. P. 1007(m).Type of PropertyNONEHusband,Current Value ofWife,Debtor's Interest in Property,Joint, orwithout Deducting anyCommunity Secured Claim or ExemptionDescription and Location of Property1.Cash on handU S currency-178.002.Checking, savings or other financialaccounts, certificates of deposit, orshares in banks, savings and loan,thrift, building and loan, andhomestead associations, or creditunions, brokerage houses, orcooperatives.First Security Bank - d/b/a JDL Rentals - depositaccount-1,543.55First Security Bank - d/b/a Business Expenses-308.84First Security Bank - Personal Expenses-8,801.67First Security Bank -savings account, joint with motherJ5,362.29Arvest - personal house rental account (operatingaccount)-9,006.62household goods, as valued by Cecil Phillips 2/17/10-18,060.00X3.Security deposits with publicutilities, telephone companies,landlords, and others.4.Household goods and furnishings,including audio, video, andcomputer equipment.5.Books, pictures and other artobjects, antiques, stamp, coin,record, tape, compact disc, andother collections or collectibles.6.Wearing apparel.wearing apparel, clothing, accessories-1,000.007.Furs and jewelry.1 Independence Bowl Watch ( 100.00); 1 Cotton BowlWatch ( 100.00); 1 Timex watch ( 100.00) and 1wedding ring ( -0-)-300.008.Firearms and sports, photographic,and other hobby equipment.Firearms - valued by Cecil Phillips 2/17/10-300.00Sporting equipment - valued by Cecil Phillips 2/17/10-1,450.00XSub-Total (Total of this page)346,310.97continuation sheets attached to the Schedule of Personal PropertySoftware Copyright (c) 1996-2010 - Best Case Solutions - Evanston, IL - www.bestcase.comBest Case Bankruptcy