Priority Unsecured Claims Flashcards
1
Q
Domestic Support Obligations
A
Priority: 1
2
Q
Administrative Expenses
A
Priority: 2
3
Q
Claims in Involuntary Cases
A
Priority: 3
4
Q
Wages, Salary, Commissions etc. up to $10,000 earned within 180 days prior to filing of petition
A
Priority: 4
5
Q
Contributions to Employee Benefit Plan
A
Priority: 5
6
Q
Production of grain, fish produce up to $4,000 per individual
A
Priority: 6
7
Q
Up to $1800 for deposits for consumer goods
A
Priority: 7
8
Q
Certain Governmental Taxes
A
Priority: 8
9
Q
Commitments to a federal depositary institution’s regulatory agency to maintain capital of an insured depositary institution.
A
Priority: 9
