Proof of Claim form

A Proof of Claim form is a legal document submitted by a creditor or someone owed money during a bankruptcy. It details how much money is owed and the basis for the claim. This form helps the court and the bankruptcy trustee identify and verify the creditor's claim against the debtor's assets. Filling out the form accurately ensures that the creditor's interest is considered in the bankruptcy proceedings, influencing how any recovered assets are distributed.