Kentucky Proof of Claim, Supplement 1

State:
Kentucky
Control #:
KY-SKU-0295
Format:
PDF
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Description

Proof Of Claim, Supplement 1

Kentucky Proof of Claim, Supplement 1 is a form used by creditors to file a claim in a bankruptcy case in Kentucky. It is to be used when a creditor wishes to file a secured or unsecured claim in a bankruptcy case. It is a supplement to the official Kentucky Proof of Claim form and is required to be filed along with that form. There are two types of Kentucky Proof of Claim, Supplement 1: one for secured claims and one for unsecured claims. The secured claim form is used by creditors to file claims for any type of security interest, such as mortgages, liens, and pledges. The unsecured claim form is used to file claims for all other types of debts, such as credit card balances, medical bills, and unpaid wages. Both forms require the creditor to provide detailed information about the claim, such as the amount of the debt, the type of debt, and the date the debt became due.

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FAQ

A Proof of Claim is a written statement and any supporting documentation which describes the reason the debtor owes the creditor money. The claim must be filed using Official Form 410.

Examples: Goods sold, money loaned, lease, services performed, personal injury or wrongful death, or credit card. Attach redacted copies of any documents supporting the claim required by Bankruptcy Rule 3001(c). Limit disclosing information that is entitled to privacy, such as health care information.

Providing Supporting Documentation A Proof of Claim must include any pertinent documentation, such as promissory notes, purchase orders, contracts, invoices, delivery receipts or security agreements. Other documentation might include monthly statements, pay records and ledgers.

A proof of claim form is the official bankruptcy form a creditor must file before getting paid in a bankruptcy case. The proof of claim form tells the bankruptcy trustee the type of claim the creditor asserts and how much the filer owes the creditor.

What Is a Proof of Claim? A proof of claim is an essential element in the bankruptcy process. It documents your right as a creditor to repayment from the debtor. A debtor's chapter 11 bankruptcy filing may significantly impact a creditor and can jeopardize its ability to handle its own financial responsibilities.

A written statement filed in a bankruptcy case setting forth a creditor's claim is called a proof of claim. A proof of claim should include a copy of any documentation giving rise to the claim as well as any evidence in support of the claim, such as evidence of secured status if the claim is secured.

Form 410 is the form used by creditors to file a proof of claim. In some cases, a bankruptcy judge may accept an informal proof of claim. This must be a written document filed with the bankruptcy court, and it must make a demand against the debtor's bankruptcy estate.

A proof of claim is a form used by the creditor to indicate the amount of the debt owed by the debtor on the date of the bankruptcy filing. The creditor must file the form with the clerk of the same bankruptcy court in which the bankruptcy case was filed.

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Kentucky Proof of Claim, Supplement 1