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Bankruptcy Attorney,  David A. Casey, Esq.

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

 

TITLE 11, CHAPTER 5, menu and 501  >    Main Code Listing Page  > Next 502

 

Some Sub-Chapters of Title 11 are not listed since they are of little value to most consumer who are thinking about filing Chapter 7, Chapter 9, Chapter 11, Chapter 13. Or you really need to be an attorney to fully understand it. Also before using any of the code sections make sure you  check to make sure if the code sections are current.  Remember the laws and codes are always changing.

TITLE 11 > CHAPTER 5

CHAPTER 5—CREDITORS, THE DEBTOR, AND THE ESTATE

·  SUBCHAPTER I—CREDITORS AND CLAIMS

·  SUBCHAPTER II—DEBTORS DUTIES AND BENEFITS

·  SUBCHAPTER III—THE ESTATE  (Not listed at this time)

 

TITLE 11 > CHAPTER 5 > SUBCHAPTER I

 SUBCHAPTER I—CREDITORS AND CLAIMS

·  § 501. Filing of proofs of claims or interests

·  § 502. Allowance of claims or interests

·  § 503. Allowance of administrative expenses

·  § 504. Sharing of compensation

·  § 505. Determination of tax liability

·  § 506. Determination of secured status

·  § 507. Priorities

·  § 508. Effect of distribution other than under this title

·  § 509. Claims of codebtors

·  § 510. Subordination

·  § 511. Rate of interest on tax claims

§ 501. Filing of proofs of claims or interests

 (a) A creditor or an indenture trustee may file a proof of claim. An equity security holder may file a proof of interest.

(b) If a creditor does not timely file a proof of such creditor’s claim, an entity that is liable to such creditor with the debtor, or that has secured such creditor, may file a proof of such claim.

(c) If a creditor does not timely file a proof of such creditor’s claim, the debtor or the trustee may file a proof of such claim.

(d) A claim of a kind specified in section 502 (e)(2), 502 (f), 502 (g), 502 (h) or 502 (i) of this title may be filed under subsection (a), (b), or (c) of this section the same as if such claim were a claim against the debtor and had arisen before the date of the filing of the petition.

(e) A claim arising from the liability of a debtor for fuel use tax assessed consistent with the requirements of section 31705 of title 49 may be filed by the base jurisdiction designated pursuant to the International Fuel Tax Agreement (as defined in section 31701 of title 49) and, if so filed, shall be allowed as a single claim.

 

 

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The Bankruptcy and family law office of David A Casey is conveniently located at 365 Broadway, Suite 203, El Cajon CA, 92021. The Law Office of David A. Casey represents individuals and business seeking Bankruptcy relief, living trust and other family law matters.

 


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