Post Tagged with: "proof of claim"

Filing a proof of claim in a bankruptcy case

Filing a proof of claim in a bankruptcy case

What is a Proof of Claim? A proof of claim is a document that a creditor prepares and files with the Bankruptcy Court that sets forth the creditor’s claim and right to receive a distribution in a bankruptcy case. To be effective, the proof of claim must be properly prepared, […]

By September 7, 2015 Proof of Claim
Rights that a bankruptcy creditor can pursue

Rights that a bankruptcy creditor can pursue

Bankruptcy can be the end of a creditor’s attempts to collect a debt.  Yet, often a bankruptcy creditor will work to take possession of collateral or to receive a distribution through the bankruptcy case.  Since a bankruptcy filing triggers an automatic stay that requires strict adherence, it is important that […]