When a company declares bankruptcy, stockholders are the ﬁrst to be paid when company assets
are sold.

Name: When a company declares bankruptcy, stockholders are the ﬁrst to be paid when company assets are sold.
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When a company declares bankruptcy, stockholders are the last to be paid after all other creditors have been paid. In many cases, there may not be any money left to pay stockholders after all other obligations have been met.

When a Company Declares Bankruptcy, Stockholders Are the ﬁRst to Be