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Maverick
Maverick, Attorney
Category: Bankruptcy Law
Satisfied Customers: 6392
Experience:  20 years of professional experience
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As a creditor in a ch 11, do I need to file a proof of claim

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As a creditor in a ch 11, do I need to file a proof of claim if I am in agreement with the figures established by the court?

Welcome to Just Answer! My name isXXXXX very much enjoy what I do and I hope that you will benefit from this information.

 

In a Chapter 11 case, it is not necessary to file a proof of claim if the creditor agrees with the amount the debtor has listed as due in its Schedules and the debtor has not listed the debt as disputed, contingent or unliquidated.

 

 

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Customer: replied 6 years ago.
We are not in dispute and wish to accept what is listed for us. Is it safe not to file, as I dont have time to go thru all the paperwork to file. Will I be protected.
Yes, if you are in agreement and they did not dispute the debt and the amount is ascertainable, then you need not file a proof of claim in a chapter 11 case.
Maverick and other Bankruptcy Law Specialists are ready to help you