Sentences with phrase «secured claim in your bankruptcy»

Not exact matches

In the Chapter 13 Bankruptcy, the trustee pays creditors in order of the claim they hold — priority, secured and unsecureIn the Chapter 13 Bankruptcy, the trustee pays creditors in order of the claim they hold — priority, secured and unsecurein order of the claim they hold — priority, secured and unsecured.

The settlement, which comes less than three months after the firm declared bankruptcy, is designed to help repay creditors owed some $ 250m (# 159m) in secured debt and at least $ 300m (# 190m) more in unsecured claims.

Brad routinely represents creditors in secured transactions, bankruptcy, foreclosure, and debt collection proceedings and provides defense to consumer protection claims.

In addition, under the Bankruptcy and Insolvency Act «s «limited super-priority» provision, the employee's unpaid wage claim is put ahead of secured creditors over the current assets of the bankrupt employer's estate.