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Home » Law Dictionary » C » CREDITOR'S CLAIM

CREDITOR'S CLAIM

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A claim of a creditor, usually referring to a claim filed in federal bankruptcy against a debtor that has filed for bankruptcy relief. This may also refer to a written demand for payment, a claim, that is filed in probate court after the person who owed the money has died. State statues set a time limit as to the period of time to make a claim against the estate of a deceased person.

Related Legal Terms & Definitions
  • STALE CLAIM A claim barred under a statute of limitations or doctrine of laches. A claim which…
  • PENDENT JURISDICTION The right and power of a federal court to decide a claim which ordinarily would…
  • VOLUNTARY BANKRUPTCY Bankruptcy that is voluntarily filed by the debtor, as opposed to involuntary bankruptcy which is…
  • CLAIM IN BANKRUPTCY The claim of a creditor in a bankruptcy proceeding.
  • NON CLAIM An omission or neglect by one entitled to make a demand within the time limited…
  • FRAUDULENT CLAIM A claim that is filed based upon false or deceptive information that is knowingly and…
  • NON-CLAIM The omission or neglect of him who ought to claim his right within the time…
  • STALE In Saxon law. Larceny. Also late or barred. In the language of the courts of…

Filed Under: C

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