Sentences with phrase «property over other creditors»
It just makes sure that the IRS will get the first rights to your property over other creditors.
https://www.hrblock.com/ Not exact matches
Chapter 13 bankruptcy allows debtors the option of paying out the value of non-exempt property to their creditors over time while slashing credit card debt and other unsecured debt.
When a chapter 11 debtor needs operating capital, it may be able to obtain it from a lender by giving the lender a court - approved «superpriority» over other unsecured creditors or a lien on property of the estate.