claim provable in bankruptcy
claim provable in bankruptcy
Any claim or liability that is provable in a proceeding under the Bankruptcy and insolvency Act. (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • claim in bankruptcy — A proof of claim against the bankrupt. See proof of claim; provable debt …   Ballentine's law dictionary

  • 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

  • Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …   Wikipedia

  • claim — n [Old French, from clamer to call, claim, from Latin clamare to shout, proclaim] 1 a: a demand for something (as money) due or believed to be due; specif: a demand for a benefit (as under the workers compensation law) or contractual payment (as… …   Law dictionary

  • provable debt — A debt susceptible of proof against a bankrupt estate. Davis v Aetna Acceptance Co. 293 US 328, 79 L Ed 393, 66 S Ct 151. A claim provable against an estate in bankruptcy within the meaning of § 63 of the Bankruptcy Act (11 USC § 103).9 Am J2d… …   Ballentine's law dictionary

  • claim in corporate reorganization — A claim of whatever character against a debtor or its property, except stock, whether or not such claim is provable in an ordinary bankruptcy proceeding and whether secured or unsecured, liquidated or unliquidated, fixed or contingent. Bankr Act… …   Ballentine's law dictionary

  • claim in real property arrangement — A claim of whatever character against the debtor or his property, whether or not such is provable in ordinary bankruptcy and whether secured or unsecured, liquidated or unliquidated, fixed or contingent. 9 Am J2d Bankr § 1359 …   Ballentine's law dictionary

  • claim in proceeding for wage earner's plan — A claim of whatever character against the debtor or his property, whether or not provable as a debt in ordinary bankruptcy, and whether secured or unsecured, liquidated or unliquidated, fixed or contingent, but not a claim secured by an estate in …   Ballentine's law dictionary

  • Commercial insolvency in Canada — A closed restaurant in Gananoque, Ontario Commercial insolvency in Canada has options and procedures that are distinct from those available in consumer insolvency proceedings. It is governed by the following statutes: The Bankruptcy and… …   Wikipedia

  • Consumer bankruptcy in Canada — See also: Insolvency law of Canada Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ( BIA ). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of… …   Wikipedia

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