A Certificate Under CVR 7.1 is a document issued by a U.S. court or administrative agency to certify an individual's status as a creditor in a bankruptcy proceeding. The certificate serves as proof of the creditor's claim and is required for any payment to be made from a debtor's estate. The two primary types of Certificate Under CVR 7.1 are “Certificate of Appointment of Claim Agent” and “Certificate of Determination of Distribution.” The former is issued to a claim agent appointed by the court to represent the creditor and the latter is issued when the court has determined the amount of the distribution to be made to the creditor.
A Certificate Under CVR 7.1 is a document issued by a U.S. court or administrative agency to certify an individual's status as a creditor in a bankruptcy proceeding. The certificate serves as proof of the creditor's claim and is required for any payment to be made from a debtor's estate. The two primary types of Certificate Under CVR 7.1 are “Certificate of Appointment of Claim Agent” and “Certificate of Determination of Distribution.” The former is issued to a claim agent appointed by the court to represent the creditor and the latter is issued when the court has determined the amount of the distribution to be made to the creditor.