(a) Upon the day of meeting of the creditors the judge shall fix a day, not more than 60 nor less than 30 days thereafter, within which all claims against the assignee estate shall be filed, and within which the assignee or assignor or any creditor may file any objection, defense, set-off, or counterclaim to any claim which the assignor might have opposed to the same had action been brought upon the same before assignment. Notice of the time so fixed shall be given in the manner provided in section 1208 of this title for notice of the first meeting of the creditors. Any claim, objection, set-off, or counterclaim not filed on or before the date so named shall be forever barred from being considered in the settlement of said estate or participating in any dividend therein.
(b) Proof may be made of claims not due, but in such cases a reasonable rebate shall be made in case they do not draw interest, or in case they draw interest at a less rate than may be allowed by law.