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United States District Court, District of Oregon Case No. 09-cv-6056-HO SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. SUGGEST MANAGEMENT, INC., CANYON CREEK DEVELOPMENT, INC., CANYON CREEK FINANCIAL,
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A proposed proof of claim is a document submitted by a creditor in a bankruptcy case, asserting the creditor's right to receive payment or other benefits from the debtor's assets.
Any creditor who wishes to assert a claim against a debtor in a bankruptcy case is required to file a proposed proof of claim.
The proposed proof of claim form can be obtained from the bankruptcy court or the trustee handling the case. The creditor needs to provide accurate and detailed information about the claim, including the amount owed, the basis for the claim, and any supporting documentation.
The purpose of a proposed proof of claim is to provide a formal notice to the bankruptcy court and the debtor that a creditor has a claim and is seeking payment or other benefits from the debtor's assets.
The proposed proof of claim form typically requires the creditor to report the following information: the creditor's name and contact information, the amount owed, the basis for the claim, any supporting documentation, and any secured interests.
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