Claim in Bankruptcy

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 "Claim" in bankruptcy is defined as:

  1.  A right to payment, whether or not reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured; or
  2. A right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured. 

See: 11 U.S.C. § 101(5)

[Last updated in June of 2021 by the Wex Definitions Team]