Get Uncollectible Unsecured Note Form - Equity Trust Company

Filling out the Uncollectible Unsecured Note Form is an important step for users seeking to document a debt that has become uncollectible. This guide will walk you through the process of completing the form online, ensuring that all necessary information is accurately reported.

Follow the steps to complete the form successfully.

1. Click 'Get Form' button to obtain the form and open it in your preferred digital format.
2. Fill in the account holder information, including the account holder's name and account number. This information is crucial for identifying the note.
3. In the description of debt section, include the investment reference number, the date that the debt became due, the face value of the note, and a brief description of the debt.
4. Provide the name and social security number of the debtor responsible for the unpaid note.
5. Indicate whether you wish to remove the investment from your inventory by selecting 'Yes' or 'No.' If you select 'Yes,' be aware that the asset will be distributed with a value of $1.00.
6. In the supporting documentation section, list all efforts made to collect the debt along with the results of each effort. If there is insufficient space, attach a separate sheet titled 'Addendum A' and ensure it is signed and dated.
7. Finally, sign and date the form at the bottom in the notary section. Ensure you have a notary public certify your signature to validate the form.

Complete your documents online today for a seamless process.