Isi Notes On The Forms For Bankruptcy Page 7
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34iv)
Debts due to you
The Statement of Affairs
If anyone owes you money, write about it here. Give
PART 1 – LIST OF ASSETS
details of all the money owing to you. It must include
If you are applying to be adjudicated a Bankrupt, you must fill in a
In part 1 you should list all your assets.
money loaned to other people or trade debts if you
Statement of Affairs to accompany your petition for bankruptcy.
were in business. The name and address of the person
These notes are intended to help you to fill in the form properly.
Part 1A – moveable property (all assets other than land or
or company who owes you the money must be written
buildings)
in the first column. The amount of the debt and the
GENERAL POINTS
date it was or is due to be repaid should be entered in
i)
Cash
the correct columns.
• You must fill in the form in CAPITAL LETTERS.
Write in the total amount of money in cash you have.
• You must fill in all pages of the form. If any parts of the
Do not show the money you have in Bank or Building
Contingent debts should also be included in this
form do not apply to you, write 'not applicable' or 'N/A' in
Society accounts here.
section. These are debts where the payment of a debt
the space.
is uncertain e.g. ongoing legal dispute over a debt
• Give all amounts to the nearest €. You do not need to
ii)
Bank and building society accounts
where the outcome of the court case may not be
show cent.
Give details of all the money you have in banks and
predictable.
• If there is not enough space in any part of the form, simply
building societies. If any of the accounts are in joint
put the extra information on a sheet of paper and attach it
v)
Other assets
names the full amount should be entered, but put a
to the form. Make sure you put the name of the question
letter [J] in brackets at the end of the account number
Write the details of all goods and valuables which you
you are answering on any extra sheets, for example,
to show that it is a joint account. Details of overdrawn
own here. You must include goods you are still paying
'Unsecured debts'.
accounts should be entered in Part 2 of this form.
for on hire purchase or credit terms. Details of any
motor vehicle owned by you should include the model
N.B. All details should be entered to the best of your knowledge.
iii)
Investments and savings (other than bank accounts)
and registration number.
You can be charged with an offence if you deliberately omit
You must give details of investments, savings
important
details
or
give
false
information.
Part 1B – immoveable property (land, houses, and buildings)
certificates, savings bonds, premium bonds, etc. in the
column headed 'type of investment’. You should also
Give details of all properties which you own, part own, or have
show the name of the firm the investment is with and
other financial interest in here. If you own a lease on a property,
any reference number in the correct columns. If you
write down how long the lease is for. In 'type of property', show
have an endowment policy, enter the details here.
whether the property is a flat, semi-detached house, office unit.
In 'nature of interest' say what your interest is in the property, for
example, whether you own it by yourself or jointly with someone
else.
6
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