Form Ps 15 – Fill Out and Use This PDF

The PS 15 form is a personal financial statement that provides a comprehensive overview of an individual's financial status, including assets, liabilities, income, and expenses. It is used to apply for credit, either as an individual or jointly, making it crucial for lenders to evaluate the applicant's creditworthiness accurately. With sections detailing everything from cash on hand, real estate owned, to contingent liabilities, it's a detailed document that requires keen attention to detail. To get started on filling out your PS 15 form efficiently, click the button below.

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Form Ps 15 PDF Details

At the heart of financial transparency and accountability, especially when seeking credit, lies the detailed provision of one’s economic state through formal documentation. Among such documents, the PS 15 form serves as a crucial tool, enabling individuals or parties considering joint credit to comprehensively outline their financial status to lenders. By meticulously categorizing assets and liabilities into well-defined sections – ranging from cash on hand, life insurance cash values, to more complex items like marketable securities and real estate owned – the form provides a structured framework for the disclosure of financial information. Additionally, it extends to estimating annual incomes and expenses, thereby giving lenders a rounded view of an applicant's financial health. Critical to this form is the necessity for accuracy, as any willful misrepresentation can lead to serious legal consequences under federal law. Furthermore, it emphasizes the importance of updating the lender with any significant changes in financial condition, underscoring the dynamic nature of personal finance. The PS 15 form, therefore, stands not just as a mere procedural necessity but as a reflection of one’s financial integrity and responsibility towards potential lenders.

Question	Answer
Form Name	Form Ps 15
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	expere bankers systems forms, how form ps 1583, form 15 ps, bankers systems forms

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TYPE OF CREDIT - CHECK THE APPROPRIATE BOX		(Name of Lender)
TYPE OF CREDIT - CHECK THE APPROPRIATE BOX

Individual - If you check this box, provide Financial Information only about yourself.

Relationship

If you check this box, provide Financial Information about

Joint, with

yourself and the other person.

PERSONAL FINANCIAL STATEMENT OF

NOTE: Any willful misrepresentation could result in a violation of Federal Law (Sec. 18 U.S.C. 1014)

Birth

Name

Date

Statement Date

Address

City

State/Zip

Social Sec. No.

Home Phone

No. of Dependents

Bus. or Occupation

Bus. Phone

NOTE: Complete all of Section II BEFORE Section I

SECTION I

ASSETS

THOU-

HUN-

CENTS

LIABILITIES

THOU-

HUN-

CENTS

SANDS

DREDS

SANDS

DREDS

Cash On Hand & in Banks

Sec. II-A

Notes Due to Banks

Sec. II-A

Cash Value of Life Insurance

Sec. II-B

Notes Due to Relatives & Friends

Sec. II-H

U.S. Gov. Securities

Sec. II-C

Notes Due to Others

Sec. II-H

Other Marketable Securities

Sec. II-C

Accounts & Bills Payable

Sec. II-H

Notes & Accounts Receivable - Good

Sec. II-D

Unpaid Income Taxes Due - l Federal

l State

Other Assets Readily Convertible to Cash - Itemize

Other Unpaid Taxes & Interest

Loans on Life Insurance Policies

Sec. II-B

Contract Accounts Payable

Sec. II-H

Cash Rent Owed

TOTAL CURRENT ASSETS

Other Liabilities Due within 1 Year - Itemize

Real Estate Owned

Sec. II-E

Mortgages & Contracts Owned

Sec. II-F

Notes & Accounts Receivable - Doubtful

Sec. II-D

TOTAL CURRENT LIABILITIES

Notes Due From Relatives & Friends

Sec. II-D

Real Estate Mortgages Payable

Sec. II-E

Other Securities - Not Readily Marketable

Sec. II-C

Liens & Assessments Payable

Personal Property

Sec. II-G

Other Debts - Itemize

Other Assets - Itemize

Total Liabilities

Net Worth (Total Assets minus Total Liabilities)

TOTAL ASSETS

TOTAL LIABILITIES & NET WORTH

ANNUAL INCOME

ESTIMATE OF ANNUAL EXPENSES

Salary, Bonuses & Commissions

Income Taxes

Dividends & Interest

Other Taxes

Rental & Lease Income (Net)

Insurance Premiums

Alimony, child support, or separate maintenance income need not be revealed if

Mortgage Payments

you do not wish to have it considered as a basis for repaying this obligation.

Other income - Itemize

Rent Payable

Provide the following information only if Joint Credit is checked above.

Other Expenses

Other Persons Salary, Bonuses & Commissions

Alimony, child support, or separate maintenance income need not be revealed if

you do not wish to have it considered as a basis for repaying this obligation.

Other income of Other Person - Itemize

TOTAL

GENERAL INFORMATION

CONTINGENT LIABILITIES

Are any Assets Pledged?

l No l Yes (See Section II)

As Endorser, Co-maker or Guarantor

Are you a Defendant in any Suits or Legal Actions? l No

l Yes

On Leases or Contracts

(Explain):

Legal Claims

Have you ever been declared Bankrupt in the last 10 years?

l No

l Yes

Federal - State Income Taxes

(Explain):

Other -

SECTION II

A CASH IN BANKS AND NOTES DUE TO BANKS

(List all Real Estate Loans in Section II-E)

NAME OF BANK

Type of Account

Type of Ownership

On Deposit

Notes Due Banks

COLLATERAL (If Any) & Type of Ownership

	Cash on Hand
(Complete Rest of Section II on Reverse Side)	TOTALS

(Enter Sec. 1 Line 1) (Enter Sec. 1 Line 21)

-Wolters Kluwer Financial Services - Bankers Systems* Form PS-15 2/26/2001

SECTION II Continued

B LIFE INSURANCE	(List only those Policies that you own)
COMPANY		Face of Policy	Cash Surrender Value	Policy Loan from	Other Loans	BENEFICIARY
COMPANY		Face of Policy	Cash Surrender Value	Insurance Co.	Policy as Collateral	BENEFICIARY
				Insurance Co.	Policy as Collateral

		$	$	$	$

TOTALS

(Enter Sec. 1 Line 2)

(Enter Sec. 1 Line 27)

CSECURITIES OWNED (Including U.S. Gov't Bonds and all other Stocks and Bonds)

Face Value - Bonds	DESCRIPTION	Type of		Market Value	Market Value	MARKET VALUE	Amount Pledged
			COST			Not Readily Marketable
No. of Shares Stock	Indicate those Not Registered in Your Name	Ownership		U.S. Gov. Sec.	Marketable Sec.		to Secured Loans
						SECURITIES

TOTALS

D NOTES AND ACCOUNTS RECEIVABLE					(Enter Sec. 1 Line 3) (Enter Sec. 1 Line 4) (Enter Sec. 1 Line 15)
D NOTES AND ACCOUNTS RECEIVABLE		(Money Payable or Owed to You Individually-Indicate by a if Others have an Ownership Interest)
MAKER/DEBTOR	When Due			Original Amount	Balance Due	Balance Due	Bal. Due Notes	SECURITY (If Any)
MAKER/DEBTOR	When Due			Original Amount	Good Accounts	Doubtful Accounts	Rel. & Friends	SECURITY (If Any)
					Good Accounts	Doubtful Accounts	Rel. & Friends

			$		$	$	$

TOTALS

(Enter Sec. 1 Line 5) (Enter Sec. 1 Line 13) (Enter Sec. 1 Line 14)

EREAL ESTATE OWNED (Indicate by a if Others have an Ownership Interest)

TITLE IN NAME OF	Description & Location	Date	Original	Present Value	Amount of	MORTGAGE OR CONTRACT PAYABLE
		Acquired	Cost	of Real Estate	Ins. Carried	Bal. Due Payment	Maturity	To Whom Payable

Homestead-			$	$	$

TOTAL

TOTAL $

F MORTGAGES AND CONTRACTS OWNED						(Enter Sec. 1 Line 11)	(Enter Sec. 1 Line 34)
F MORTGAGES AND CONTRACTS OWNED					(Indicate by a if Others have an Ownership Interest)
Cont.	Mtge.		MAKER			PROPERTY COVERED	Starting Date	Payment	Maturity	Balance Due
Cont.	Mtge.					PROPERTY COVERED	Starting Date	Payment	Maturity	Balance Due
		Name		Address

								$		$

G PERSONAL PROPERTY								TOTALS $
	(Indicate by a if Others have an Ownership Interest)
	(Indicate by a if Others have an Ownership Interest)								(Enter Sec. 1 Line 12)
DESCRIPTION		Date	Cost		Value		LOANS ON PROPERTY
DESCRIPTION		Date	Cost		Value
		When New	When New		Today	Balance Due		To Whom Payable
						Balance Due		To Whom Payable

Automobiles-			$	$		$

TOTAL

				(Enter Sec. 1 Line 16)
H NOTES (Other than Bank, Mortgage and Insurance Company Loans), ACCOUNTS AND BILLS AND CONTRACTS PAYABLE
PAYABLE TO	Other Obligors	When Due	Notes Due To	Notes Due 'Others'	Accounts & Bills	Contracts	COLLATERAL (If Any)
	(If Any)		Rel. & Friends	(Not Banks)	Payable	Payable

TOTALS

(Enter Sec. 1 Line 22) (Enter Sec. 1 Line 23) (Enter Sec. 1 Line 24) (Enter Sec. 1 Line 28)

For the purpose of procuring credit from time to time, I/We furnish the foregoing as a true and accurate statement of my/our financial condition. Authorization is hereby given to the Lender to verify in any manner it deems appropriate any and all items indicated on this statement. In addition, each individual signing below authorizes the Lender to check their individual credit account and employment history and have a credit reporting agency prepare a consumer credit report on them. The undersigned also agrees to notify the Lender immediately in writing of any significant adverse change in such financial condition.

Date Signed

Signature


- Wolters Kluwer Financial Services - Bankers Systems*		Form PS-15 2/26/2001			(Other Person if Applicable)

How to Edit Form Ps 15 Online for Free

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Step 2: As soon as you access the PDF editor, you will find the document ready to be filled out. Besides filling out different blank fields, you might also do other sorts of things with the PDF, such as putting on any words, editing the original text, inserting illustrations or photos, putting your signature on the PDF, and a lot more.

This document will require some specific information; in order to guarantee accuracy, be sure to pay attention to the suggestions just below:

1. Start completing your form 15 ps with a number of essential blank fields. Collect all of the necessary information and make sure absolutely nothing is missed!

Filling out section 1 in bankers systems forms

2. The third stage is to complete all of the following fields: Personal Property, Other Assets Itemize, TOTAL ASSETS, Sec IIG, Other Debts Itemize, Total Liabilities, Net Worth Total Assets minus Total, TOTAL LIABILITIES NET WORTH, ANNUAL INCOME, ESTIMATE OF ANNUAL EXPENSES, Salary Bonuses Commissions, Dividends Interest, Rental Lease Income Net Alimony, Provide the following information, and Other Persons Salary Bonuses.

bankers systems forms conclusion process clarified (portion 2)

3. This next step will be straightforward - fill in all the fields in A CASH IN BANKS AND NOTES DUE TO, SECTION II List all Real Estate, NAME OF BANK, Type of Account, Type of Ownership, On Deposit, Notes Due Banks, COLLATERAL If Any Type of, Complete Rest of Section II on, TOTALS, Enter Sec Line, Enter Sec Line, Wolters Kluwer Financial Services, Form PS, and Cash on Hand in order to complete this process.

Completing section 3 in bankers systems forms

4. This next section requires some additional information. Ensure you complete all the necessary fields - COMPANY, Face of Policy, Cash Surrender Value, Policy Loan from, Insurance Co, Other Loans, Policy as Collateral, BENEFICIARY, C SECURITIES OWNED Face Value, Indicate those Not Registered in, DESCRIPTION, TOTALS, Enter Sec Line, Enter Sec Line, and Including US Govt Bonds and all - to proceed further in your process!

Filling out part 4 of bankers systems forms

Be extremely careful while completing Indicate those Not Registered in and Face of Policy, since this is where a lot of people make mistakes.

5. This document has to be finalized with this part. Here you'll see a comprehensive listing of form fields that require accurate information in order for your form submission to be complete: E REAL ESTATE OWNED, Indicate by a, if Others have an Ownership, TOTALS, Enter Sec Line, Enter Sec Line Enter Sec Line, TITLE IN NAME OF, Description Location, Date, Acquired, Original, Cost, Present Value of Real Estate, Amount of Ins Carried, and MORTGAGE OR CONTRACT PAYABLE.

bankers systems forms conclusion process outlined (step 5)

Step 3: Check everything you have typed into the form fields and then click the "Done" button. Join us today and immediately get access to form 15 ps, prepared for downloading. All adjustments made by you are saved , letting you customize the form later when required. At FormsPal.com, we strive to be sure that all your information is stored private.

Form Ps 15 – Fill Out and Use This PDF

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