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Bankruptcy and Insolvency Act Proof of Claim Form Deloitte

Bankruptcy and Insolvency Act Proof of Claim Form Deloitte

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a proof of claim is just a document fought with the court usually by a creditor this is on the date that somebody fought of bankruptcy here's the amount that they owed us so let me give it a little bit further explanation on that say you were filing a bankruptcy and you owe creditor X some money and you owe them you think about $5,000 so in your bankruptcy petition and schedule laughs this is just an unsecured that's called non priority creditor like a credit card you write down $5,000 if they file a proof of claim they may say you owe them $6,000 they have to file that claim with the court saying that you of them $6,000 and then they have to provide evidence or proof of that claim saying tense then proof of claim saying that this person owed us $6,000 on the date of their bankruptcy filing and here's how we came up with that number maybe there's late fees and penalties and things like that that have been added to it or attorneys fees things along those lines now the I give you the exa

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