Priority vs. Nonpriority Debts in Bankruptcy. Secured and Personal Debt in Bankruptcy
Priority vs. Nonpriority Debts in Bankruptcy. Secured and Personal Debt in Bankruptcy The bankruptcy trustee pays priority debts in complete before paying debts that are nonpriority. Whenever you fill in your bankruptcy documents, you’ll list the money you owe based on kind. You’ll start with breaking up the money you owe into two groups: guaranteed …
