Distribution of the debtor's assets must be made according to an order of priority.

Name: Distribution of the debtor's assets must be made according to an order of priority.
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This is true. In the event of a debtor's assets being distributed after liquidation, there is a specific order of priority that must be followed as set by bankruptcy laws. This ensures that certain creditors receive payment before others, and any remaining assets are given to the debtor themselves.

Distribution of the Debtor's Assets Must Be Made According to an Order