Priority Unsecured Debts

The bankruptcy code prioritizes debt, and which creditor gets paid what often depends on the priority of the claim. The bankruptcy code has many different forms of priority unsecured debt, including administrative expenses such as attorneys’ fees, certain kinds of taxes, child support and alimony, and many other categories, and debtors and creditors may dispute whether or not debt is priority or not. #PriorityUnsecuredDebts #Chapter7Bankruptcy #Chapter13Bankruptcy #Chapter11Bankruptcy #BankruptcyAttorney #SteinerLawGroup