Claim

A creditor’s right to a payment from the debtor. It may be secured by the debtor’s property or other collateral or it may be unsecured.

About The DailyDAC Editors

The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts and similar topics.

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The DailyDAC Editors
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