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This document serves as a proof of claim for payment in a bankruptcy case, specifically for a claim filed against the Briggs & Stratton Corporation. It includes information about the creditor, the amount being claimed, and the basis for the claim, which is wrongful termination.
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What is proof of claim?
A proof of claim is a formal document filed by a creditor to assert a right to receive payment from a debtor's estate in a bankruptcy proceeding.
Who is required to file proof of claim?
Creditors who wish to receive payment from a bankruptcy estate must file a proof of claim.
How to fill out proof of claim?
To fill out a proof of claim, a creditor must provide details such as the amount owed, the basis for the claim, and supporting documentation, then submit it to the bankruptcy court by the specified deadline.
What is the purpose of proof of claim?
The purpose of proof of claim is to formally notify the court and the debtor of the creditor's claim and to establish the validity of the debt in the bankruptcy process.
What information must be reported on proof of claim?
The information that must be reported on a proof of claim includes the creditor's name and contact information, the amount of the claim, the basis of the claim, any supporting documents, and whether the claim is secured or unsecured.
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