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:
proof of claim — proof of claim: a written statement that sets forth a claim against a bankrupt debtor or the probate estate of a deceased debtor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. proof of claim … Law dictionary
proof of claim — A written and verified statement of a claim against a decedent, presented for payment by filing in the probate court or serving the same upon the personal representative as the statute may require. 31 Am J2d Ex & Ad §§ 298 et seq. In bankruptcy,… … Ballentine's law dictionary
informal proof of claim — informal proof of claim: a writing by a creditor that contains a demand for payment of a debt and an intention to hold the debtor s bankruptcy estate liable but that is not in the form prescribed in the Bankruptcy Code for proofs of claim ◇ If an … Law dictionary
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
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
proof — n [alteration of Middle English preove, from Old French preuve, from Late Latin proba, from Latin probare to prove] 1: the effect of evidence sufficient to persuade a reasonable person that a particular fact exists see also evidence 2: the… … Law dictionary
proof — The effect of evidence; the establishment of a fact by evidence. New England Newspaper Pub. Co. v. Bonner, C.C.A.Mass., 77 F.2d 915, 916. Any fact or circumstance which leads the mind to the affirmative or negative of any proposition. The… … Black's law dictionary
claim — To demand as one s own or as one s right; to assert; to urge; to insist. A cause of action. Means by or through which claimant obtains possession or enjoyment of privilege or thing. Demand for money or property as of right, e.g. insurance claim.… … Black's law dictionary
Claim in bankruptcy — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court … Wikipedia
claim in bankruptcy — A proof of claim against the bankrupt. See proof of claim; provable debt … Ballentine's law dictionary