Claim
A formal assertion that money, compensation or another remedy is owed. In court proceedings, it is the case brought by the claimant.
Related terms
-
Creditor claim
A creditor’s stated right to be paid, particularly in litigation or an insolvency process where the amount may need to be proved.
-
Court claim
Formal civil proceedings started in court to obtain payment, a judgment or another legal remedy.
-
Proof of debt
A creditor’s formal submission in an insolvency process setting out the amount owed and supporting the right to claim.
What’s your next step?
Get in touch with us at Bell & Company today to see how we can help