Check out this video to learn how chapter 11 disputed claims are resolved in Florida. Then call Perenich Law Injury Attorneys for a free legal consultation.
How is a disputed claim resolved in a chapter 11 bankruptcy?
Once in a while, a client will ask, “How is a disputed claim resolved in a Chapter 11?” As in all chapters, creditors have the opportunity to file claims. Then the debtor has the opportunity to object to those claims, and ultimately a court will hear evidence to determine what the claim is, whether it’s a valid claim, and whether it’s a secured, unsecured or a priority unsecured claim. Those classifications determine payment and ultimate treatment of those claims in a Chapter 11 case.
If you have a business and you’re thinking about filing Chapter 11, please give me a call. I’m happy to help. I’ve been representing bankruptcy debtors throughout the state of Florida for about 30 years.