How To Fill In A Proof Of Debt Form
In order for creditors to fill in a Proof of Debt form, have a look at the example that has been completed in red in the following Proof of Debt form which is explained below:
Box 1 – This is your business name. Note that you are called the ‘creditor’.
Box 2 – This is your business address.
Box 3 – This is the total amount you are owed.
Box 4 – List any un-capitalised interest on the claim. This is rare and you will only have this if you had an agreement to charge interest. If no interest write ‘Nil’ or leave blank as done in the example.
Box 5 – Give details of how the debt was incurred.
Box 6 – List details of any security held against the debt. An example might be a mortgage if you are a bank.
Box 7 – Give details of any ROT – reservation of title.
Box 8 – List any supporting documents you have. For example copy sales invoices – anything to back up the claim.
Box 9 – Your signature if you are authorised to sign this or perhaps an internal accountant or director.
Box 10 – This is for the name of who signed the form.
Box 11 – This is for their position in the company. If you are an individual and not a business then instead of director insert “Creditor”.
How To Fill In A Proxy Form
In order for creditors to fill in a Proxy form, have a look at the examples that has been completed in red in the following Proxy Forms:
A more detailed explanatory guide and video are available on our page how to complete a Proxy form in insolvency.
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Disclaimer: How To Fill In A Proof Of Debt And Proxy Form
This page is not legal advice and is not to be relied upon as such. This article How To Fill In A Proof Of Debt And Proxy Form is provided for information purposes only. You should take independent advice on the facts of your case. No liability is accepted for reliance upon this post.
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