Which of the Following Statements About the Distribution of the Debtor's

question 36

Multiple Choice

Which of the following statements about the distribution of the debtor's estate is false?

• A)The priority claims are paid after secured creditors realize on their collateral.
• B)Each class must be paid in full before the next class is entitled to receive anything.
• C)Payments are made to the 10 priority classes,in order,to the extent there are funds available.
• D)To the extent there are insufficient funds to satisfy all the creditors within a class,each class member receives an equal share of his claim.

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