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UNITED STATES DISTRICT COURT District of Oregon PROOF OF CLAIM FEDERAL TRADE COMMISSION, Plaintiff v. Merchant Processing, Inc.; Equity Financial Group, Inc.; Direct Merchant Processing, Inc.; PPI
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What is proof of claim form?
The proof of claim form is a legal document used by creditors to assert their rights to receive payment from a debtor who has filed for bankruptcy.
Who is required to file proof of claim form?
Any creditor who wants to participate in the bankruptcy proceedings and be considered for a distribution of assets is required to file a proof of claim form.
How to fill out proof of claim form?
To fill out a proof of claim form, creditors need to provide information about their claim, such as the amount owed, the basis for the claim, and any supporting documentation. The form can usually be obtained from the bankruptcy court or the debtor's attorney.
What is the purpose of proof of claim form?
The purpose of the proof of claim form is to allow creditors to formally assert their claims in a bankruptcy case and to provide the court and the debtor with information about the amount and nature of the debt.
What information must be reported on proof of claim form?
The proof of claim form typically requires creditors to report the amount of the debt, the basis for the claim, any collateral securing the debt, and any supporting documentation.
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