A claim is?

A claim is?

• A. Any right to payment by a creditor against a debtor.
• B. A notice of sale to owner.
• C. A mortgage.
• D. A tax bill.

Answer: (A)

A claim is the creditor’s right to payment from a debtor. This broad entitlement is what a claim represents in law—the ongoing right to collect what is owed, not a specific instrument or action. That’s why the description “any right to payment by a creditor against a debtor” fits best. The other items describe particular things related to debt: a notice of sale to owner is just a notification about selling property to satisfy what’s owed, not the right to payment itself; a mortgage is a security interest giving a lender a claim on real estate if the debt isn’t paid, but it’s a specific instrument, not the general right to payment; a tax bill is the demand for payment issued to the taxpayer, not the creditor’s entitlement.

A claim is the creditor’s right to payment from a debtor. This broad entitlement is what a claim represents in law—the ongoing right to collect what is owed, not a specific instrument or action. That’s why the description “any right to payment by a creditor against a debtor” fits best. The other items describe particular things related to debt: a notice of sale to owner is just a notification about selling property to satisfy what’s owed, not the right to payment itself; a mortgage is a security interest giving a lender a claim on real estate if the debt isn’t paid, but it’s a specific instrument, not the general right to payment; a tax bill is the demand for payment issued to the taxpayer, not the creditor’s entitlement.