Estimate Claim Pursuant to 11USC 502(c)

 

Official Procedure - Last Updated: April 29, 2019ClosedAuthor: Demetrius Ross

 

 

04/29/2019 - Created

Under 11 U.S.C. ยง502(c)., a bankruptcy court must estimate any claim for allowance purposes that is (i) contingent or unliquidated, the liquidation of which would "unduly delay" the administration of the bankruptcy case, or (ii) a right to payment based upon an equitable remedy for breach of performance. A debtor or party in interest may file this motion.

 

Step-byStep Procedure

  1. Select [Bankruptcy>Motions/Applications]

  2. Enter Case Number,click Next

  3. Verify you are docketing on the correct case.

  4. Select Estimate Claim Pursuant to 11USC 502(c) from pick list, click Next

  5. Select Party from party pick list or Add/Create New Party , click Next

    The Attorney/Party Association screen may display.  If it does, click here.

  6. The Claims Options Menu will display

    • Select the appropriate radio button based on your case
    • Click Next


    If you receive a Stop Message, back up and select the correct radio button

  7. Follow the Instructions based on the selection is step 6

    The Claims Selection Screen will display

    You can sort the listing by creditor name and claim #

    • Select the correct claim number from list by highlighting the claim number (the Claim number will appear in the box)

    • Click Next

    The name of the Claimant Screen will display

    • Enter name of the claimant

    • Click Next

  8. The PDF Document Selection screen will display

    9. Browse, View and Attach

Next, the Proposed Order must be added as an attachment to the notice of motion and motion.

Click Yes radio button for Attachment to Document and click Next

  1. Attach Proposed Order

  1. The Hearing Screen will display. Insert, hearing date, time, and location, click Next

  2. Click, Next
  3. The Final Text screen will display

This is your final opportunity to modify the entry before submitting the filing.

  1. Click Next to complete the process

The Notice of Electronic Filling will display. It serves as verification that the filing has been sent electronically to the court.

 

Copies of this notice and the document filed are emailed to all participants who receive electronic notification in the case. You have a period of 15 days for a one time free look at the documents.