In a bankruptcy proceeding,which of the following classes of bankruptcy creditors will receive the lowest priority?
A) one who is injured from a motor vehicle operated by a debtor while he was intoxicated
B) employees who are owed wages earned within 180 days of the bankruptcy petition
C) consumers who have paid deposits or prepayments for undelivered goods or services
D) creditors with claims that occur in the ordinary course of the debtor's business after a bankruptcy petition has been filed
E) creditors with claims that arise from the costs of preserving and administering the debtor's estate

Question

Quizplus · Accepted Answer

One who is injured from a motor vehicle operated by a debtor while intoxicated will receive the lowest priority. Secured creditors who hold mortgages or Article 9 security interests in the debtor's property usually have priority over the bankruptcy creditor classes.

In a Bankruptcy Proceeding,which of the Following Classes of Bankruptcy