proof of claim
proof of claim
form filed by a creditor setting out its claims against a bankruptcy debtor (Glossary of Common Bankruptcy Terms)

A form used to file a claim. The form requires the creditor to enter information to describe the basis of his claim.
also see claim (Bernstein's Dictionary of Bankruptcy Terminology)

A written statement, filed by a creditor, describing the reason a debtor owes the creditor money. (There is an official form for this purpose.) (BankruptcyAction.com)

A formal request by a creditor to share in the distribution of any assets derived from the bankruptcy estate accompanied by documentation supporting the amount and nature of the claim (SA-Bankruptcy.com)

A prescribed form that will be sent along with the notice of bankruptcy or notice of proposal. Creditors are required to fill out and return this form to the trustee, or to the administrator of the consumer proposal, in order to prove their claim. If a meeting of creditors is called, those creditors wishing to vote at the meeting must file their proof of claim with the trustee before the time set for the opening of the meeting. (Dictionary of Canadian Bankruptcy Terms)

The form filed with the court establishing the creditor's claim against the debtor. (Bankruptcy in Brief)

United Glossary of Bankruptcy Terms 2012.

proof of claim
under Claim, Proof of

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

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