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File On Time. Filing a claim on time is important, so know the deadline or bar date. The bar date is similar to a statute of limitations (time limit to bring a legal claim). The bar date for filing a proof of claim is within 90 days of the first date set for the meeting of creditors in a bankruptcy case.
Creditors of a debtor may petition the court to force the debtor into a bankruptcy proceeding. This may also be referred to as a creditorsâ petition. If the debtor has 12 or more creditors, the petition must be filed by three or more creditors whose claims total at least $12,300.