Page 26 - பிராட்லி அரண்ட் பவுல்ட் கம்மிங்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: One of the first things creditors ask after filing a proof of claim is, “when do I get paid?” As with so many other legal questions, the answer is, “it depends.” Although many different factors govern payment in a bankruptcy proceeding, there are four key elements to payment: proof, allowance priority, and timing. Below, we discuss these elements and how they may vary depending on the type of claim and the chapter of the bankruptcy proceeding. Please also refer to this chart for more information regarding when claims are paid in various types of bankruptcy cases.

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