AiB 2 - Filling in the debtor's application forms - Page 9

PART 2 - LIST OF LIABILITIES

PART 2A - Unsecured debts

List all of your debts including any amount you still owe on hire purchase or credit agreements. Do not include your mortgage or other secured debts (debts backed by your assets - usually your house). Put down the name and address of the creditor and a description of the debt, that is, whether it is a loan, guarantee, hire purchase agreement, domestic bill, and so on. Enter the amount you owe to each creditor.

Once you have finished listing all your unsecured debts, add them up and enter the total in the space provided beneath the table marked 'Total amount of unsecured debts'.

PART 2B - Secured debts [mortgages or other loans secured over particular property]

Give the name of any building society, bank, or financial institution where you have a mortgage or other secured loan. If there is more than one, give all the lenders.

Under 'amount due', enter the current amount you still owe on the loan. Once you have filled in the table, add the total of the amounts due and enter the total in the space below the table marked 'Total amount of secured debts'.

PART 3 - Income

Enter details of your average weekly income after tax and National Insurance.

PART 4 - Spending

Give details of all current outgoings for yourself and for your family, that is, obligations to support your wife or husband and dependent children. You should include appropriate amounts for council tax, all household bills, travel expenses, school and college fees and so on. But do not include any arrears (missed payments) on any loan or other debts. Give the amount you need to meet your current mortgage repayments.