When the nature or amount of a claim is unclear, the debtor will label the claim “Contingent”, “Unliquidated” and/or “Disputed”. These simple designations allow claim holders, the court and other parties in interest to better evaluate the debtors’ financial situation, identify discrepancies and, if necessary, contest or object to a claim.

The United States Trustee (or U.S. Trustee) is appointed by the Court in every Chapter 11 case to represent the interests of the U.S. bankruptcy system. The U.S. Trustee does not represent the Debtor’s interests or the interests of specific creditors. Rather, the U.S. Trustee is focused on raising issues that may affect the integrity of the bankruptcy process and, if unaddressed, could result in harmful precedent.

During the course of Chapter 11 bankruptcy, there are several factors that can delay recovery for creditors awaiting payout on their claims. The first few months of the process require the creditors to submit their bankruptcy claims and the debtor to review them to determine if they’ll be included in the debtor's plan of reorganization.

Learn why you should sell your claim to gain immediate restitution in order to reinvest back into your business. Upon notice of the debtor’s filing for Chapter 11 bankruptcy, creditors find themselves in a challenging position. After months or even years of waiting on outstanding payments, creditors are now faced with a time-consuming