PROOF OF DEBTS
The following rules apply as to the proving of debts:1) A creditor has no right to vote or receive dividends until his debt is proved to the satisfaction of the trustee;
2) Proofs should be made by affidavit as soon as possible after the receiving order - but may be accepted at any time before the final dividend;
3) Proofs may be made provisionally accepted for voting at the first meeting of creditors;
4) The trustee (but not the O.R.) must deal with a proof within 28 days of receipt; if the proof is rejected the creditor may appeal to the court within 21 days;
5) The trustee must satisfy himself that there is a real debt; he is not bound by any judgement orĀ estoppel against the debtor;
6) The trustee may apply to the court to expunge or reduce a debt wrongfully admitted;
7) The trustee must each month file with the court all proofs admitted or rejected in the previous month and on declaring a dividend he must send to the court a list of proofs so filed;
8) Proof on a contingent debt may be admitted for dividend purposes but not for voting while the contingency remains;
9) Double proof is not allowed in the same bankruptcy for the same debt but proof may be lodged against two separate estates for the same debt.