proof of claim
Debt documentation submission
A proof of claim is a formal document filed by a creditor in a bankruptcy case, asserting the right to receive payment from the debtor's estate.
It specifies the amount owed and the basis for the debt: The bank filed a proof of claim for the outstanding mortgage balance.
Filing establishes the creditor's place in the distribution of assets.
- petitionFormal written appeal
- debtMoney owed another
- debt collectionPursuing owed payments
- creditorOne owed money
- affidavitSworn written statement
insolvency · liability · allowance · form · liquidation · adjudication · reorganization · trustee · sworn · discharge · filing · filing deadline · collateral · declaration · hearing · invoice · receipt · bankruptcy
- small claimssmall claims court, filing fee, filing fees, court fees, filing claims
- bankruptcybankruptcy, bankruptcy court, Chapter 11, Chapter 7, bankruptcy petition
- insolvencyinsolvency, bankruptcy court, liquidation, bankruptcy, creditors
- restructuringrestructuring, reorganization, consolidation, turnaround, Chapter 11
- debtdebt, creditor, owe, debtor, lender
- business documentsarticles of incorporation, invoice, charter, bylaws, contract