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Case 1440107 Claim 91 Filed 02×27/14 Disc Main Document Page 1 of 3 B10 (Official Form 10) (04×13) Eastern District of Texas UNITED STATES BANKRUPTCY COURT District of Name of Debtor: PROOF OF CLAIM

How to fill out proof of claim

How to fill out proof of claim:

1. Obtain the required form: The first step in filling out a proof of claim is to obtain the necessary form. This form can typically be obtained from the bankruptcy court where the case is being heard or from their website.
2. Provide accurate contact information: Fill out the contact information section of the form accurately. This includes providing your full name, address, phone number, and email address. Make sure all the details are up to date to ensure proper communication.
3. Identify the bankruptcy case: In this section, you must provide information about the bankruptcy case for which the proof of claim is being filed. This includes the case number, the name of the debtor, and the name of the bankruptcy court handling the case.
4. Specify the creditor details: Clearly state the details of the creditor, including the name, address, and any other relevant information required by the form. This should be the creditor to whom the debtor owes the debt.
5. Describe the nature of the claim: Explain the reasons for the claim and provide a detailed description of the debt owed. Include all relevant information such as the date the debt was incurred and any supporting documentation if applicable.
6. State the amount of the claim: Specify the exact amount of the debt owed by the debtor. This should be an accurate representation of the outstanding balance and any additional interest or charges as stipulated by the contract or relevant laws.
7. Attach supporting documentation: If there is any supporting documentation available to substantiate the claim, it should be attached to the proof of claim form. This may include invoices, contracts, or any other relevant paperwork that proves the existence and validity of the debt.
8. Review and sign the form: Carefully review all the information provided in the proof of claim form to ensure its accuracy and completeness. Once satisfied, sign the form and date it. Remember, providing false information can have serious legal consequences.

Who needs proof of claim?

1. Creditors in a bankruptcy case: Creditors who are owed money by a debtor who has filed for bankruptcy need to file a proof of claim. This allows them to assert their rights to receive payment from the debtor's available assets.
2. Unsecured creditors: Proof of claim is necessary for unsecured creditors, which include individuals or businesses who have extended credit to the debtor without collateral. Filing a proof of claim helps protect their interests and increases their chances of receiving payment from the bankruptcy estate.
3. Secured creditors: Although secured creditors have a lien or collateral to secure the debt, they may also need to file a proof of claim if the collateral does not fully cover the outstanding debt. This allows them to claim the remaining amount not covered by the collateral.
4. Priority claimants: Priority claimants, such as unpaid employees, tax authorities, or certain government agencies, are also required to file a proof of claim to assert their rights to be paid before other creditors.
5. Shareholders or equity holders: In some bankruptcy cases, shareholders or equity holders of the debtor entity may have claims against the estate. They may be required to file a proof of claim to assert their rights to be compensated for any losses incurred.

Note: It is important to consult with a legal professional or the bankruptcy court to understand the specific requirements and deadlines for filing a proof of claim in a particular bankruptcy case.

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What is proof of claim?

Proof of claim is a document filed by a creditor in a bankruptcy case which asserts the amount owed by the debtor.

Who is required to file proof of claim?

Any creditor who wants to participate in the distribution of assets in a bankruptcy case is required to file a proof of claim.

How to fill out proof of claim?

Proof of claim can be filled out by providing details about the creditor, the amount owed, and attaching any relevant supporting documentation.

What is the purpose of proof of claim?

The purpose of proof of claim is to assert the creditor's right to a share of the assets in a bankruptcy case.

What information must be reported on proof of claim?

Information such as creditor's name and address, amount owed, basis for the claim, and any supporting documentation must be reported on proof of claim.