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Claim Objection means any objection, application, motion, complaint or any other legal proceeding seeking, in whole or in part, to disallow, determine, liquidate, classify, reclassify, or establish the priority, expunge, subordinate, or estimate any Claim (including the resolution of any request for payment of any ...
Omnibus Claims Objections commonly object to a proof of claim based upon the assertion that the amount set forth on proof of claim does not match the amount of debt listed in the debtor's books and records.
Claim objections are contested, evidentiary matters which are governed by Bankruptcy Rule 9014. While neither the Bankruptcy Code nor the Bankruptcy Rules provide a bar date or deadline for filing objections to claims, the bankruptcy court typically will set a deadline for the filing of such objections.
A response to an objection is sufficient if it states that written documentation in support of the proof of claim has already been provided to the objecting party and that the documentation will be provided at any evidentiary hearing or trial on the matter.
A typical party in interest would include the bankruptcy trustee, other creditors in the same bankruptcy case, and, in some situations, the debtor. For instance, a Chapter 7 debtor will have standing to object?and thereby be an interested party?only if doing so might put money in the debtor's pocket.
An objection to claim may be filed to object to one claim or multiple claims subject to conditions in Federal Rule of Bankruptcy Procedure 3007(e). When an objection to claim objects to multiple claims, it is called an omnibus objection to claim. An omnibus objection to claim may cause the entry of multiple orders.
Objection letter means any letter or other written correspondence from the public pursuant to G.S. 150B-21.3(b2) objecting to a rule and requesting review of the rule by the General Assembly filed with the Rules Review Commission while the rule is under review by the Rules Review Commission.