Creditor voting limits: unliquidated, contingent, or negotiable-instrument-backed claims excluded unless treated as security and deducted. A creditor is prohibited from voting on any unliquidated, contingent, or unascertained-value debt, and may not vote on debts on or secured by a current ... Summary
Creditor voting limits: unliquidated, contingent, or negotiable-instrument-backed claims excluded unless treated as security and deducted.
A creditor is prohibited from voting on any unliquidated, contingent, or unascertained-value debt, and may not vote on debts on or secured by a current bill of exchange or promissory note unless he treats antecedent liabilities of others as security, estimates their value, and deducts that estimated value from his proof for voting purposes (not for dividend).
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