In the I-134 form, does other encumbrances mean things like student loans, or other personal loans, aside from a mortgage?

As far as I can tell they are interested in income first and if you lack that, then you better have decent assets which you could liquidate if need be. Debt listing is not required, this is not bankruptcy proceeding or a loan application.

Thanks for the help!

so do you mean I don't have to report it even if i have a house mortgage?
Market was high when I bought my house and the value of the house has gone down a lot. I would say about 100k difference.
what's ur recommandation? should I leave it blank? or should I just write it as it is?
Thanks

If I'm doing a K-1, the only thing I'm putting on my I-134 is my income. That's it.

That's all they need to know. (Provided you're over 125% of the poverty level, of course.)

Seconded. 125% is the magic number. Once you're at or over it, you don't need to disclose anything else.

I agree if they dont ask for a debt listing then dont give them one, of course they may be using this as a filter for who the feds are going to bail out of their mortages...hmmmm. Of course they always reward the ones who did it wrong(Mortages in 2002-2008 and S&L in 1990) and ignore the folks who bought within their income and have not missed a payment.

Present company excluded all of us homeowners have been bit by this housing fiasco.