Twenty Day Administrative Claim
Twenty Day Administrative Claim
(also 503(b)(9) claim)
503(b)(9) adds a new section for administrative claims for reclaiming creditors that is limited to the value of the goods received by the debtor in the ordinary course of business within 20 days before filing. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • Twenty (20) Day Administrative Claim — (also 503(b)(9) claim) 503(b)(9) adds a new section for administrative claims for reclaiming creditors that is limited to the value of the goods received by the debtor in the ordinary course of business within 20 days before filing. (Bernstein s… …   Glossary of Bankruptcy

  • 503(b)(9) claim — (also Twenty (20) Day Administrative Claim) 503(b)(9) adds a new section for administrative claims for reclaiming creditors that is limited to the value of the goods received by the debtor in the ordinary course of business within 20 days before… …   Glossary of Bankruptcy

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