Asked by Sierra Strickland on May 29, 2024
Verified
As a paralegal preparing a proof of claim for a client, you should
A) key in the client-creditor's name and address.
B) insert the amount that the debtor owes the client.
C) enter the date and the debtor's name.
D) All of these choices are correct.
Proof of Claim
A written statement filed by a creditor in a bankruptcy case that details the amount of debt owed by the debtor.
- Comprehend the procedures and mandatory documents to lodge a petition for bankruptcy.
Verified Answer
JN
jindar numanMay 31, 2024
Final Answer :
D
Explanation :
When preparing a proof of claim, it is necessary to include the client-creditor's name and address, the amount owed by the debtor, and the date and debtor's name to ensure the claim is properly documented and filed.
Learning Objectives
- Comprehend the procedures and mandatory documents to lodge a petition for bankruptcy.
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