Chapter 3: Claims Flashcards
1
Q
who are the only entities that can receive distributions from the BK estate?
A
entities that have filed claims
2
Q
Only (pre/post) petition claims are subject to discharge
A
pre
3
Q
when must have the holder of a claim in BK’s claim have arisen in order to see the benefit of any distribution from the BK estate?
A
pre-petition
4
Q
what is a proof of claim?
A
a written statement under penalty of perjury setting forth a CR’s claim
5
Q
is a filed claim presumed to be allowed or disallowed?
A
allowed
6
Q
what are the 2 types of rights that can result in claims in BK?
A
- legal rights to payment
2. equitable rights that result in a right to payment
