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In Solvency

When Will a Bankruptcy Court Allow a Late-Filed Claim?

By Fox Rothschild LLP & Fox Rothschild LLP
August 25, 2012

Federal Rule of Bankruptcy Procedure 3003(c)(3) provides that “the [bankruptcy] court shall fix and for cause shown may extend the time within which proofs of claim or interest may be filed.”  For various reasons, creditors sometimes miss the claims “bar…

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