claim in bankruptcy
- A written statement submitted by a creditor in a bankruptcy case, detailing the amount a debtor owes them in hopes of benefiting from any potential distribution of the debtor's assets
- The local store submitted a claim in bankruptcy when the shopping mall owner filed for bankruptcy.
- The bank had a substantial claim in bankruptcy after the business failed.
- Upon realizing their tenant's financial troubles, the landlord swiftly lodged a claim in bankruptcy.
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