California Probate Form DE-174 Allowance or Rejection of Creditor’s Claim

Posted by John B. Palley on Saturday, May 12th, 2012 in Probate Form

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California Probate Form DE-174 Allowance or Rejection of Creditor’s Claim is an important form in the California probate process. Any time a creditors claim is filed it’s good policy to allow or reject the claim that is filed (or allow in part and reject in part). If it’s allowed that does NOT mean the creditor will receive fully payment. It just means that you, as the Administrator, approve that it’s a valid claim and assuming there are assets left you will get paid back for your claim. If the claim is rejected the creditor has 90 days to file a lawsuit for recovery. If no lawsuit is filed their claim goes away; it is time barred in full! Another option is that a creditor may treat a claim as rejected if it’s not rejected within 30 days of filing. In practice this is rarely done. If you have questions about allowance or rejection form let me know. -John

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