§ 72-3-801 Notice to creditors
§ 72-3-802 Statutes of limitations — waiver — suspension
§ 72-3-803 Nonclaim — limitations on presentation of claims — exceptions
§ 72-3-804 Manner of presentation of claims
§ 72-3-805 Allowance and disallowance of claims — interest on allowed claims
§ 72-3-806 Counterclaims — deduction
§ 72-3-807 Classification of claims as to priority of payment
§ 72-3-808 Payment of claims
§ 72-3-811 Secured claims
§ 72-3-812 Encumbered assets
§ 72-3-813 Execution and levies prohibited
§ 72-3-814 Claims not due and contingent or unliquidated claims
§ 72-3-815 Compromise of claims
§ 72-3-821 Administration in more than one state — payment of claims
§ 72-3-822 Distribution to domiciliary personal representative — exceptions
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Terms Used In Montana Code > Title 72 > Chapter 3 > Part 8 - Creditors' Claims

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • Decedent: A deceased person.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: means real and personal property. See Montana Code 1-1-205
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.