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Originally Posted by tophcfa
Very interesting, was not aware of that. So if the debtor (TVH) objects to the creditors claims, the burden of proof shifts to them to prove the claims are false. If they don’t object, then the claims are considered correct. By this logic, the creditors are forcing disclosure/discovery onto the party filing for bankruptcy (TVH). Kind of puts TVH between a rock and a hard place if they are indeed trying to avoid opening up their books to full discovery. It will be interesting to see if TVH objects to any of the creditor claims, exposing them to discovery?
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Here is an article from a law firm discussing burden of proof in bankruptcy actions.
Asserting a Proof of Claim in Bankruptcy
Hopefully we have some bankruptcy lawyers on TOTV that can elaborate on the issue.
I still don’t understand why Medicare is the main creditor instead of UHC, Humana, or Florida Blue.