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Insolvency Claim Filing Creditor Rights

Filing Claims: Step-by-Step Guide

How do you properly file your claim in insolvency proceedings? Practical guide with sample wording, deadlines, and common mistakes.

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Firmium Team · · 5 min Lesezeit
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Filing your claim is the most important step for creditors in insolvency proceedings. Without it, you get nothing – even if your claim is legitimate.

Basics

Why File Claims?

Without filing With filing
No right to recovery Right to recovery
Not considered Entered in table
Claim expires Claim preserved

Who Must File?

Creditor type Filing required?
Insolvency creditors Yes, mandatory
Secured creditors Yes, for shortfall claim
Segregation creditors No (demand return)
Estate creditors No (claim directly against estate)

The Deadline

Where Is the Deadline?

The filing deadline is stated in the opening announcement: - insolvenzbekanntmachungen.de (Germany) - edikte.justiz.gv.at (Austria) - shab.ch (Switzerland)

Typical Deadlines

Country Usual deadline
Germany 4-6 weeks after opening
Austria 4-6 weeks after opening
Switzerland 1 month after SHAB publication

Missed the Deadline?

Timing Consequence
Before verification meeting Usually still possible
After verification meeting Later meeting (costs!)
After final meeting Often excluded

Important: Missing the deadline can lead to total loss.

Content of the Filing

Required Information

Information Example
Creditor Company, address, contact
Debtor Name, case number
Principal claim Amount, basis
Interest Calculation, period
Costs Dunning costs, collection
Securities If applicable
Attachments Invoices, contracts

Claim Breakdown

Position Details
Invoice No. 001 EUR 5,000.00
Invoice No. 002 EUR 3,500.00
Principal claim EUR 8,500.00
Default interest EUR 234.50
Dunning costs EUR 45.00
Total claim EUR 8,779.50

Sample Claim Filing

[Creditor company name]
[Street, postal code, city]
[Phone, email]
To the Insolvency Administrator
[Name]
[Address]
[City, date]
Insolvency proceedings concerning the assets of
[Debtor company]
Case number: [No.]
Claim Filing
Dear Sir or Madam,
We hereby file the following claim for entry in the insolvency table:
1. Principal claim
   Invoice No. 2025-1234 dated 15.10.2025   EUR 5,000.00
   Invoice No. 2025-1567 dated 01.11.2025   EUR 3,500.00
   ------------------------------------------------
   Total principal claim:                    EUR 8,500.00
2. Interest
   Default interest (9% p.a. above base rate)
   as per attached calculation                EUR 234.50
3. Costs
   Dunning costs (2 reminders at EUR 15)      EUR 30.00
   Collection costs                            EUR 15.00
   ------------------------------------------------
   Total costs:                                EUR 45.00
Total claim:                                 EUR 8,779.50
Legal basis: Delivery of goods pursuant to purchase agreement
             dated 10.10.2025
Securities: Retention of title per our general terms and
            conditions (see attachment)
Attachments:
- Copy of Invoice No. 2025-1234
- Copy of Invoice No. 2025-1567
- Copy of purchase agreement/order
- General terms with retention of title
- Interest calculation
Yours sincerely,
[Signature]
[Name, position]

Interest Calculation

Statutory Default Interest

Debtor Interest rate
B2B (businesses) 9% above base rate
B2C (consumers) 5% above base rate

Calculation Example

Parameter Value
Claim EUR 5,000
Due since 01.11.2025
Insolvency 15.01.2026
Days overdue 75 days
Base rate (example) 3.00%
Interest rate 12.00% p.a.
Interest 5,000 x 12% x 75/365 = EUR 123.29

Forms and Submission

Form Requirements

Country Formal requirement
Germany Written (letter, fax; email only with administrator's consent)
Austria Written
Switzerland Written

Electronic Filing

Many administrators accept email, some offer online forms. When in doubt: classic letter with registered mail.

Checklist Before Sending

  • [ ] Complete creditor information
  • [ ] Correct case number
  • [ ] Claim itemized
  • [ ] Legal basis stated
  • [ ] Interest correctly calculated
  • [ ] All documents as copies
  • [ ] Securities named
  • [ ] Signature present
  • [ ] Deadline observed

Common Mistakes

In Filing

Mistake Consequence
Deadline missed Late filing costly
Incomplete Contestation possible
Wrong amount Reduction
No documents Harder to prove
Wrong case number Assignment delayed

Avoidable Problems

Problem Solution
Double filing Check accounting
Already paid claim Reconcile accounts
Excessive interest Follow statutory rates
Unclear legal basis Attach contract

After Filing

What Happens Then?

Step Timing
Entry in table By administrator
Verification Verification meeting
Confirmation If not contested
Distribution Final distribution

Claim Contested?

Contesting party Response
Administrator File declaratory action
Other creditor File action against them

Declaratory Action

Aspect Details
Deadline 1 month after contestation
Jurisdiction Insolvency court
Costs Court and attorney fees
Consideration Often not worthwhile for small claims

Additionally Assert Security Rights

With Securities

If you have securities (e.g., retention of title), file both:

  1. Security right: Preferential satisfaction from the security
  2. Shortfall claim: For the uncovered portion

Example

Position Amount
Total claim EUR 10,000
Security (goods value) EUR 6,000
Secured portion EUR 6,000
Shortfall claim EUR 4,000

Conclusion

Filing claims is formally simple but time-critical. What matters: meet the deadline, itemize the claim completely, attach documentation. Clean filing avoids contestations and secures your right to the insolvency distribution.


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