Official Form 410 - Proof Of Claim Page 5

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Claim Pursuant to 11 U.S.C. §
503(b)(9): A claim arising
Secured claim under 11 U.S.C. §506(a):
A claim backed by a
from the value of any goods received by the Debtor within
lien on particular property of the debtor. A claim is secured to
20 days before the date of commencement of the above
the extent that a creditor has the right to be paid from the
case, in which the goods have been sold to the Debtor in
property before other creditors are paid. The amount of a
the ordinary course of the Debtor’s business. Attach
secured claim usually cannot be more than the value of the
documentation supporting such claim.
particular property on which the creditor has a lien. Any
amount owed to a creditor that is more than the value of the
property normally may be an unsecured claim. But exceptions
exist; for example, see 11 U.S.C. § 1322(b) and the final
A person, corporation, or other entity to whom a
Creditor:
sentence of 1325(a).
debtor owes a debt that was incurred on or before the date
the debtor filed for bankruptcy. 11 U.S.C. §101 (10).
Examples of liens on property include a mortgage on real estate
a security interest in a car. A lien may be voluntarily granted
by a debtor or may be obtained through a court proceeding. In
A person, corporation, or other entity to who is in
Debtor:
states, a court judgment may be a lien.
bankruptcy. Use the debtor’s name and case number as
shown in the bankruptcy notice you received.
11 U.S.C. §101 (13).
Occurs when a creditor pays itself with money
Setoff:
belonging to the debtor that it is holding, or by canceling a debt
it owes to the debtor.
Evidence of perfection:
Evidence of perfection of a
security interest may include documents showing that a
security interest has been filed or recorded, such as a
An optional 24-character identifier
Uniform claim identifier:
mortgage, lien, certificate of title, or financing statement.
that some creditors use to facilitate electronic payment.
A Proof of Claim
Information that is entitled to privacy:
A claim that does not meet the requirements
Unsecured claim:
form and any attached documents must show only the last
of a secured claim. A claim may be unsecured in part to the
4 digits of any social security number, an individual’s tax
extent that the amount of the claim is more than the value of
identification number, or a financial account number, only
the property on which a creditor has a lien.
the initials of a minor’s name, and only the year of any
person’s date of birth. If a claim is based on delivering
health care goods or services, limit the disclosure of the
Offers to purchase a claim
goods or services to avoid embarrassment or disclosure of
confidential health care information. You may later be
Certain entities purchase claims for an amount that is less than
required to give more information if the trustee or someone
the face value of the claims. These entities may contact
else in interest objects to the claim.
creditors offering to purchase their claims. Some written
communications from these entities may easily be confused
with official court documentation or communications from the
A claim within a category of unsecured
Priority claim:
debtor. These entities do not represent the bankruptcy court, the
claims that is entitled to priority under 11 U.S.C. §507(a).
bankruptcy trustee, or the debtor. A creditor has no obligation
These claims are paid from the available money or
to sell its claim. However, if a creditor decides to sell its claim,
property in a bankruptcy case before other unsecured
any transfer of that claim is subject to Bankruptcy Rule
claims are paid. Common priority unsecured claims
3001(e), any provisions of the Bankruptcy Code (11 U.S.C. §
include alimony, child support, taxes, and certain unpaid
101 et seq.) that apply, and any orders of the bankruptcy court
wages.
that apply.
A form that shows the amount of debt the
Proof of claim:
debtor owed to a creditor on the date of the bankruptcy
filing. The form must be filed in the district where the case
is pending.
Masking, editing out, or
Redaction of information:
deleting certain information to protect privacy. Filers must
redact or leave out information entitled to
privacy
on the
Proof of Claim form and any attached documents.
Do not file these instructions with your form.

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