A Bankruptcy Proof of Claim is the term used to refer to a specific document filed in the bankruptcy court. A Bankruptcy Proof of Claim is provided by a creditor to indicate his or her vested interest in the bankruptcy proceedings. The Bankruptcy Proof of Claim is often called a Claim of Bankruptcy. It indicates the right to payment for a particular service or loan made to the debtor. This requirement is similar in both Canada and the United States. If a creditor plans to make a Bankruptcy Proof of Claim, he or she must do so in a timely fashion. There is a limit on the time the court appointed trustee in the case will accept these claims. A Proof of claim may be accepted or disputed by the debtor or another party of interest in the proceedings. If the latter occurs, there will be a court hearing to determine the validity of the Proof of Claim.