Proof of debt
The formal claim form a creditor submits to the administrators or liquidators evidencing the amount they are owed.
A proof of debt is the document by which a creditor records and supports their claim. The form asks for the amount of the debt, the consideration for it (i.e. what gave rise to the claim), any security held, and the details of the creditor. The office-holder reviews the proofs, agrees or rejects each claim, and distributes available funds in the statutory order of priority once the case is ready for dividend.
