Prepare a proof of debt in the debtor’s liquidation
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the ledger, invoices, contract, any guarantee or security and any judgment, populate the liquidator’s proof of debt form with the amount owed at the relevant date, how it arose and any security held, and assemble the supporting documents behind it in the order the form refers to them.
- What the lawyer must review
- The lawyer checks the amount and the relevant date, decides whether the creditor is secured or unsecured and whether any set-off, retention of title or guarantee changes the claim, confirms the signatory is authorised by the creditor, and diarises the voting and lodgement deadlines.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | From the ledger, invoices, contract, any guarantee or security and any judgment, populate the liquidator’s proof of debt form with the amount owed at the relevant date, how it arose and any security held, and assemble the supporting documents behind it in the order the form refers to them. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Reconcile the claim to the ledger at the date of the winding up, removing amounts paid or credited.
- Check whether the creditor holds security or a retention-of-title claim that should be dealt with separately.
- Diarise the lodgement date in the liquidator’s notice and the 10 business days to appeal a voting decision.
Sources
- ASIC — Liquidation: a guide for creditors · 2026-10-18
These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.