What is the effect of the Bankruptcy Code on a claim under non-bankruptcy law?
MultiRegion, United States of America
The following excerpt is from In re Tallerico, 532 B.R. 774 (Bankr. E.D. Cal. 2015):
Proofs of claim are deemed allowed unless somebody objects. 11 U.S.C. 502(a). The underlying nonbankruptcy law controls the merits of the proof of claim subject to any qualifying or contrary provisions of the Bankruptcy Code. Raleigh, 530 U.S. at 20, 120 S.Ct. 1951 ; Butner v. United States, 440 U.S. 48, 55, 99 S.Ct. 914, 59 L.Ed.2d 136 (1979).
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