post-petition claim
post-petition claim
A claim arising after the date of the filing of the petition, generally required to be the actual and necessary costs of preserving the estate. Usually includes claims incurred by a Chapter 11 debtor in possession to its trade creditors. May also arise for the value of goods delivered to the debtor within 20 days of debtor filing for bankruptcy.
also see claim (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • post-petition credit — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… …   Glossary of Bankruptcy

  • post-petition — occurs after the filing of a petition (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012. post petition ADMINISTRATIVE EXPENSE (under Claim, Post Petition) FINANCING (under Credit, Post Petition) Under Chapter 13,… …   Glossary of Bankruptcy

  • credit, post-petition — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… …   Glossary of Bankruptcy

  • claim — A right to payment (SA Bankruptcy.com) A right to payment, whether or not fixed, contingent, liquidated, disputed, or matured. (Bernstein s Dictionary of Bankruptcy Terminology) BAR DATE The date by which claims must be filed with the Bankruptcy… …   Glossary of Bankruptcy

  • Pétition en 70 000 caractères — Choekyi Gyaltsen Auteur Choekyi Gyaltsen Genre Essai Titre original …   Wikipédia en Français

  • administrative expense claim — (or administrative claim) debt incurred by the debtor, with court approval, after the bankruptcy filing including: necessary costs of preserving the estate, wages, salaries, court costs, lawyers fees, accountants fees, trustees expenses, etc… …   Glossary of Bankruptcy

  • superpriority — The granting, to a post petition claim, of a priority right to payment above all other pre and post petition claims. also see Credit, Post Petition (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy Terms 2012.… …   Glossary of Bankruptcy

  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

  • plan — The terms and conditions under which the debtor will pay creditors claims (SA Bankruptcy.com) CHAPTER 11 PLAN The Chapter 11 plan must contain, among other things, a division of the claims into various classes, a description of the treatment of… …   Glossary of Bankruptcy

  • Chapter 7, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …   Wikipedia

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