Duarte Bankruptcy Attorney, Bankruptcy Lawyer, Bankruptcy Code 11 USC Section 925

TITLE 11 - BANKRUPTCY
CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY
    SUBCHAPTER II - ADMINISTRATION

-HEAD-
    Sec. 925. Effect of list of claims

-STATUTE-
      A proof of claim is deemed filed under section 501 of this title
    for any claim that appears in the list filed under section 924 of
    this title, except a claim that is listed as disputed, contingent,
    or unliquidated.

-SOURCE-
    (Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2623.)


                       HISTORICAL AND REVISION NOTES                   

                          LEGISLATIVE STATEMENTS                      
      Section 925 of the Senate amendment regarding venue and fees has
    been deleted.

                         SENATE REPORT NO. 95-989                     
      Section 926 [enacted as section 925] follows the policy contained
    in section 88(a) of the present Act [section 408(a) of former title
    11], though certain details are left to the Rules. The language of
    section 926 is the same as that of proposed 11 U.S.C. 1111, which
    applies in chapter 11 cases. The list of creditors filed under
    section 924 is given weight as prima facie evidence of the claims
    listed (except claims that are listed as disputed, contingent, or
    unliquidated), which are deemed filed under section 501, obviating
    the need for listed creditors to file proofs of claim.

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Professional Membership
