Isi Notes On The Forms For Bankruptcy Page 32

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LHP-Lease or Hire Purchase Creditors (Specify debts due by you on foot of a Lease or
Hire Purchase Agreement against assets.)
Creditors of moveable assets (e.g. motor vehicles, plant and machinery etc) are like secured
creditors in that they can repossess and sell your assets if you fall behind with your payments. In
lease and hire purchase agreements ownership of assets is retained by lender until the asset is
fully paid for, which entitles lender to repossess when borrower defaults on payment)
No.
Name and address of
Specify whether a mortgage
Amount
Details of relevant
Financial Institution
/ mortgage charge or lien
Due €
property including the
and provide the account
folio number
number
LHP1
LHP2
LHP3
LHP4
LHP5
LHP6
LHP7
N/A
LHP8
LHP9
LHP10
LHP13
LHP14
LHP15
LHP16
LHP17
LHP18
LHP19
LHP20
LHP21
LHP22
Total amount of secured
€
creditors
Gerry Scenario
Signed:
31

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