To the extent that any funds are available for them in the bankruptcy estate, unsecured creditors share
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Question:
To the extent that any funds are available for them in the bankruptcy estate, unsecured creditors share in proportion to what?
The amount they have paid in legal fees
Their respective claims against the debtor
The relative size of the creditors (in terms of assets and liabilities)
Their geographic locations (in relation to the debtor's state of residence)
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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