Which of the Following Claims Will Be Paid First from the Debtor's

question 22

Multiple Choice

Which of the following claims will be paid first from the debtor's estate under Chapter 7?

• A) A gap creditor with a claim of $2,000.
• B) A state claiming $5,000 in back taxes.
• C) The trustee's expenses of $3,000.
• D) Employees claiming unpaid wages of $5,000 for wages earned within 90 days of the bankruptcy filing.

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Definitions:

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep.

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep.

Continuous positive airway pressure

A medical treatment that uses mild air pressure to keep an individual's airways open, typically used for those with breathing problems during sleep, such as obstructive sleep apnea.

Effective interventions

Strategies or treatments that have been proven through research and clinical practice to produce desired outcomes in a specific context.