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The proof of claim form tells the bankruptcy trustee the type of claim the creditor asserts and how much the filer owes the creditor. The bankruptcy trustee needs this information to determine the amount to pay the creditor.
Lawsuits are often filed against the State of Hawaii and/or its employees for incidents and accidents. These may arise when claims are denied or to protect a claim from expiring due to the statute of limitations.
A proof of claim is a written statement setting forth a creditor's claim. A proof of claim shall conform substantially to the appropriate Official Form. (b) Who May Execute. A proof of claim shall be executed by the creditor or the creditor's authorized agent except as provided in Rules 3004 and 3005.
The creditor's filing of a proof of claim constitutes prima facie evidence of the amount and validity of the claim. The burden then shifts to the debtor to object to the claim. The debtor must introduce evidence to rebut the claim's presumptive validity.
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.
Some of the more common reasons to object to a proof of claim include: The creditor fails to attach sufficient documentation to prove that a debt is owed. The amount of the claim is incorrect. The claim isn't the debtor's debt.
Basis for perfection: Attach redacted copies of documents, if any, that show evidence of perfection of a security interest (for example, a mortgage, lien, certificate of title, financing statement, or other document that shows the lien has been filed or recorded.)
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.