Checklist · Insolvency, Restructuring & Bankruptcy
Creditor’s proof of debt covering letter and supporting evidence pack checklist (liquidation)
A covering letter to a liquidator lodging a creditor’s formal proof of debt, with a checklist for assembling the evidence that supports each component of the claim (principal, interest, costs, security, set-off) and a diary for the rejection and appeal time limits.
- Kind
- Checklist. Steps or checks to work through and tick off.
- Where it applies
- Australia
- AI use
- Yellow AI can help in set ways. A lawyer checks specific points before use.
- Law stated as at
- 18 October 2026
- Status
- Maintained. Checked on 18 October 2026 against the 2 authorities it cites, for Australia.
- Version
- 1
- Source
- Written for this library
When to use it
Use when a creditor lodges a formal proof of debt or claim in a company liquidation, especially for disputed, large or multi-component claims. It sits alongside the prescribed form; it does not replace it.
Used for these tasks
Each task page says how far AI may help with the task and what the lawyer must review.
How AI may be used
AI may assemble and index the evidence pack and reconcile the claimed amount to the invoices, ledger and contract, but the creditor or its lawyer settles the amount claimed and signs the proof, and the creditor’s own statements in it are not written by AI.
AI may
- Index invoices, statements, contracts, guarantees and security documents and link each to a line in the claim schedule
- Reconcile the claimed principal to the ledger and calculate interest at the contractual rate up to the date the lawyer specifies, showing each step
- Draft the covering letter and the diary of the 7-day and appeal time limits
AI must not
- Must not complete or sign the proof of debt or any statement in it for the creditor
- Must not include amounts that are not supported by a document in the pack, or apply set-offs, credits or security values without the lawyer’s decision
- Must not upload the company’s or creditor’s financial records to a tool that retains or trains on them
The lawyer checks
- The correct form is used and the amount, the date the debt arose and the basis of the claim are right for the date of the winding up
- Interest and costs are claimed only to the extent the contract and the law allow, and any security, guarantee, retention of title or set-off is disclosed and dealt with
- The evidence pack supports each component of the claim, and the person signing the proof can stand behind it
- The 7-day notice period and the appeal deadline are diarised as soon as any rejection is received
Method: how the Green, Yellow and Red levels are decided. This is guidance for planning, not legal advice.
Read the full text
The full text is for signed-in accounts. It is free. When you sign in you can:
- read the whole precedent, with its drafting notes beside it;
- copy it, or download it as a Word file or Markdown;
- add it to your firm’s knowledge base, so colleagues can find it;
- let the AI tools you connect read it from that knowledge base.
The summary, the law it rests on and the AI-use guidance above stay public. Privacy.
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