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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.
The court notifies all listed creditors using information provided by the debtor. The creditors have 30 days from notification to file a Proof of Claim. This document asserts their right to repayment according to the trustee's schedule. Creditor and claim are defined in 11 USC Â§101 of the federal bankruptcy code. Filing procedures and deadlines are covered in 11 USC Â§501.