Question: how does the money get split up among my creditors? All creditors receive an equal share of the proceeds.Response 2 of 4 : Unsecured parties

how does the money get split up among my creditors? All creditors receive an equal share of the proceeds.Response 2 of 4: Unsecured parties will get paid first, then creditors with security interests based on the rules of priority.Unsecured parties will get paid first, then creditors with security interests based on the rules of priority.Response 3 of 4: The trustee has unlimited discretion on how creditors are repaid.The trustee has unlimited discretion on how creditors are repaid.Response 4 of 4: Creditors with security interests will get paid first, then unsecured parties based on the rules of priority.Creditors with security interests will get paid first, then unsecured parties based on the rules of priority.
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