11 U.S.C. § 501 — Filing of proofs of claims or interests
submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 201 words · no verdicts yet
Creditors can file a claim in a bankruptcy case, and equity holders can file a claim of interest. If a creditor misses the deadline, someone else, such as a co-liable party, the debtor, or the trustee, may file the claim instead.
(a) A creditor* or an indenture trustee may file a proof of claim*. An equity security holder* may file a proof of interest.
(b) If a creditor doesn't file a proof of claim on time, someone who is liable to that creditor along with the debtor* — or who has given the creditor security — may file the claim instead.
(c) If a creditor doesn't file on time, the debtor or the bankruptcy trustee may file the claim instead.
(d) A claim described in certain other sections of this title (502(e)(2), 502(f), 502(g), 502(h), or 502(i)) may be filed under (a), (b), or (c) as if it were a claim against the debtor that arose before the bankruptcy petition was filed.
(e) A claim for a fuel use tax owed by the debtor, assessed under a specific federal transportation law, may be filed by the "base jurisdiction" designated under the International Fuel Tax Agreement. If filed that way, it must be allowed as a single claim.
A creditor* or an indenture trustee may file a proof of claim*. An equity security holder* may file a proof of interest.
If a creditor does not timely file a proof of such creditor’s claim, an entity* that is liable to such creditor with the debtor*, or that has secured such creditor, may file a proof of such claim.
If a creditor does not timely file a proof of such creditor’s claim, the debtor or the trustee may file a proof of such claim.
A claim of a kind specified in section 502(e)(2), 502(f), 502(g), 502(h) or 502(i) of this title may be filed under subsection (a), (b), or (c) of this section the same as if such claim were a claim against the debtor and had arisen before the date of the filing of the petition.
A claim arising from the liability of a debtor for fuel use tax assessed consistent with the requirements of section 31705 of title 49 may be filed by the base jurisdiction designated pursuant to the International Fuel Tax Agreement (as defined in section 31701 of title 49) and, if so filed, shall be allowed as a single claim.
Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2578; Pub. L. 98–353, title III, § 444, July 10, 1984, 98 Stat. 373; Pub. L. 109–8, title VII, § 702, Apr. 20, 2005, 119 Stat. 125; Pub. L. 116–260, div. FF, title X, § 1001(d)(1), (3)(A), Dec. 27, 2020, 134 Stat. 3217, 3218.)
- 1978Enacted · Pub. L. 95-598 · 92 Stat. 2578
- 1984Amended · Pub. L. 98-353 · 98 Stat. 373
- 2005Amended · Pub. L. 109-8 · 119 Stat. 125
- 2020Amended · Pub. L. 116-260 · 134 Stat. 3217, 3218
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-598 on 1978-11-06.
all 0 arguments · sorted by: best
no arguments yet — make the first case