Series 79: Priority Unsecured Claims

Priority Unsecured Claims

The following are the priority unsecured claims most relevant to business liquidations, in descending order of priority (i.e., claims higher on the list get paid first):

• • Claims for administrative expenses of the bankruptcy, including trustee fees, legal and other professional fees.
• • Claims for unpaid wages, salaries, and commissions due workers, if earned within 180 days before the bankruptcy filing, up to a maximum of $10,000 per person.
• • Claims for unpaid contributions to employee benefit plan