§1513 Access of Foreign Creditors to a Case Under This Title

Summary

Foreign creditors have the same right to start and take part in a bankruptcy case as U.S. creditors. They are treated equally when it comes to joining the case and asserting claims. These rules do not change how claims are paid under sections 507 or 726, except that being a foreign creditor alone cannot make a claim rank lower than general unsecured claims. They also do not change whether foreign government tax or public-law claims are allowed. Any U.S. tax treaty controls how and when those foreign tax or public-law claims are treated.