Rhode Island § 10-18-12 § 10-18-12. Claims brought to judgment — Priority in case of default.

Rhode Island Statutes

§ 10-18-12 — § 10-18-12. Claims brought to judgment — Priority in case of default.

Rhode Island·Title 10 Courts and civil procedure–Procedure in particular actions·Ch. 10-18 Wage Earner Receivership

§ 10-18-12. Claims brought to judgment — Priority in case of default.
(a) All creditors (secured and unsecured, prior and subsequent, those included and those
            excluded from the plan) may bring their claims against the debtor to judgment.
         
(b) If these proceedings are terminated by dismissal, default, or otherwise:
         
(1) Any claim reduced to judgment by a subsequent creditor excluded from the plan shall
            be deemed to have been reduced to judgment one day after these proceedings are terminated.
         
(2) Any claim reduced to judgment by a prior creditor (whe

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§ 10-18-12. Claims brought to judgment — Priority in case of default.

(a) All creditors (secured and unsecured, prior and subsequent, those included and those excluded from the plan) may bring their claims against the debtor to judgment.

(b) If these proceedings are terminated by dismissal, default, or otherwise:

(1) Any claim reduced to judgment by a subsequent creditor excluded from the plan shall be deemed to have been reduced to judgment one day after these proceedings are terminated.

(2) Any claim reduced to judgment by a prior creditor (whether included or excluded from the plan) or a subsequent creditor included in the plan within a reasonable time after termination of these proceedings shall be deemed to have been reduced to judgment as of the day these proceedings are terminated.

Rhode Island § 10-18-12 (§ 10-18-12. Claims brought to judgment — Priority in case of default.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.