503(b)(9) claims
What are 503(b)(9) claims?
503(b)(9) claims refer to a specific type of U.S. administrative expense claim that gives priority to creditors who supplied goods to a debtor shortly before a bankruptcy filing.
Key Features of 503(b)(9) Claims:
- •Priority Status: These claims are given administrative expense priority, meaning they are paid ahead of many other claims.
- •Eligibility: To qualify, the creditor must have delivered goods to the debtor within 20 days before the bankruptcy filing.
- •Goods, Not Services: Only the delivery of tangible goods is eligible under this provision, services are not covered.
- •Timely Filing: Creditors must file their 503(b)(9) claims within the deadline set by the bankruptcy court.
Key information we require:
- •Proof of delivery (bill of lading, courier confirmation) to the debtor within the 20-day period before the petition date.
- •Sales documents (invoices, purchase orders) showing the value of goods delivered to the debtor.
- •Supplementary documents to support the Admin Priority 503(b)(9) claim value.
Interested in selling your 503(b)(9) claim?