generally in a bankruptcy proceeding any creditor's claim is allowed
2007-09-22 10:05:03 · 5 answers · asked by stephaine g 1 in Politics & Government ➔ Law & Ethics
Yes, No, maybe!
2007-09-22 10:07:48 · answer #1 · answered by Johnny D' Venison 3 · 0⤊ 0⤋
False. Only valid creditors' claims are allowed if and when properly filed with the bankruptcy court.
2007-09-22 17:08:38 · answer #2 · answered by regerugged 7 · 0⤊ 0⤋
The Department of Justice gives a full answer to this question on their site. I think they explain it very well without complicating jargon.
http://www.usdoj.gov/usao/eousa/foia_reading_room/usam/title4/civ00064.htm
2007-09-22 17:11:10 · answer #3 · answered by Matthew 2 · 1⤊ 1⤋
False, what if the claim cannot be proven?
2007-09-22 17:07:54 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No they have to document the debt and amount to the court's satisfaction.
2007-09-22 17:08:39 · answer #5 · answered by Mezmarelda 6 · 0⤊ 1⤋