The Creditors with the Highest Priority in Bankruptcy Proceedings Are

question 237

True/False

The creditors with the highest priority in bankruptcy proceedings are the secured creditors.

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Definitions:

Judges

Persons appointed to decide cases in a court of law, interpret laws, and administer justice.

Battery Case

Legal proceedings involving the unlawful physical contact of one person by another, which can also refer to a civil claim for personal injury.

Question Of Law

An issue concerning the interpretation or application of the law which is decided by a judge, not a jury.

Court

A legal institution that has the authority to adjudicate legal disputes between parties and administer justice in civil, criminal, and administrative matters.