Considering Disclosure Issues And Proof Of Claim Filing
April 24, 2013, 1:38 PM EDT
Law360, New York (April 24, 2013, 1:38 PM EDT) -- Any purchaser of claims against a person or entity in bankruptcy will need to address two fundamental questions. One is — how do I notify the debtor and the court that I now hold a claim against the debtor? The second is — what do I have to disclose in order to ensure that my claim is allowed and I am not subject to future inquiry? This article addresses these questions.
Filing the Proof of Claim
A creditor may recover only on account of an “allowed”...