Question
Which of the following is NOT true about a proof of claim and proof ofinterest? A. A secured creditor whose claim exceeds the value of
Which of the following is NOT true about a proof of claim and proof ofinterest?
A.A secured creditor whose claim exceeds the value of the collateral may submit a proof of claim and become an unsecured claimant as to the difference.
B.The proof of claim must be timelyfiled, which generally means within 12 months of the first meeting of the creditors.
C.A creditor must file a proof of claim stating the amount of the claim against the debtor.
D.An equity security holder(e.g., a shareholder of acorporation) must file a proof of interest.
E. The document for filing a proof of claim is provided by the court.
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