MenuA proof of claim is the basic document that when filed asserts a creditor's right to be paid in bankruptcy. Subject to allowance and disallowance, the filed proof of claims determine who gets the money paid out by a trustee in bankruptcy. The claim form includes several basic facts about the debt and creditor.
Proof of Claim
In bankruptcy, creditors file proofs of claim to establish their entitlement to be paid on a claim by the bankruptcy estate. Proofs of claim are presumed valid unless objected to by the trustee or another interested party (including the debtor).
