24
JAN
2023

What is the difference between a Proof of Claim and a Celotex Trust claim?

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The Proof of Claim consists of information that was provided to the Bankruptcy Court to register an individual claim against Celotex Corp or Carey Canada Inc. Filing a Proof of Claim does not constitute a claim with the Trust, which must be filed separately. There are two types of Celotex claims: Individualized Review Claim (IRC) and Discounted Cash Payment (DCP) claim.

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