Creditor’s Claim

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Definition: Creditor’s Claim

Creditor’s Claim
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What is the dictionary definition of Creditor’s Claim?

Dictionary Definition

n. a claim required to be filed in writing, in a proper form by a person or entity owed money by a debtor who has filed a petition in bankruptcy court (or had a petition filed to declare the debtor bankrupt), or is owed money by a person who has died. Notice of the need to file a creditor’s claim in the estate of a person who has died must be printed in a legal advertisement giving notice of death. Then a creditor has only a few months to file the claim, and it must be in a form approved by the courts.

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https://payrollheaven.com/define/creditors-claim/
Modern Language Association (MLA):
Creditor’s Claim. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/creditors-claim/.
Chicago Manual of Style (CMS):
Creditor’s Claim. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/creditors-claim/ (accessed: May 18, 2024).
American Psychological Association (APA):
Creditor’s Claim. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/creditors-claim/

Definition Sources

Definitions for Creditor’s Claim are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th April, 2020 | 0 Views.