0
Can physicians services be considered unsecured priority claim when a patient files bankruptcy?
Wiki User
∙ 14y ago
Though I'm not a lawyer, I'm not aware of any category by which physicians' claims can be considered priority. Generally, the only priority claims arising in a consumer bankruptcy are administrative expenses, child & spousal support, and taxes.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Are employees unsecured priority claims in Bankruptcy Court?
Unpaid employees are priority unsecured bankruptcy claims up to approximately 10,000.
What is the difference between unsecured priority and unsecured non-priority?
Examples of unsecured priority debts are, child and/or spousal support, delinquent taxes, rent and utility arrears, any fines or restitution(s) that have been ordered by the court. Unsecured non-priority are, store cards, unsecured personal loans (unless held by a bank where the person has accounts), credit cards, and so forth.
When a proof of claim form is a credit of money on an account is it a secured claim a unsecured priority claim or a unsecured non priority claim in a bankruptcy?
Presumably your talking about a credit in a general trade or deposit type account, (not a payroll matter, rent deposit or something on the priority list), it is simply an unsecured non-priority claim.
Is a negotiable promissory note owed to a friend a priority claim when filing for bankruptcy?
No, it would be a nonpriority, unsecured debt.
What is the difference between unsecured priority and unsecured non priority?
priority debts must be pais IN FULL, non-priority does not.
In a bankruptcy the priority debts -- the debts that the court feels should be paid first -- are paid then the unsecured debts are added up.?
true
True or false In a bankruptcy the priority debt the debts that the court feels should be paid first are paid then the unsecured debts are added up?
true
How can a family best dismiss huge unsecured debts and survive on a small income?
The only option for becoming debt free is filing for bankruptcy. A chapter 7 bankruptcy is considered a total liquidation when it pertains to unsecured debts. A chapter 13 is a consolidation BK, in which the debtor is placed on a payment schedule usually 3-5 years for repaying all debts secured and unsecured, according to their priority. With the new bankruptcy laws in effect filing a chapter 7 is a little more difficult than previously, but most people will still qualify under the new regulations.
Would your car be a unsecured priority?
"Unsecured priority" refers to a type of debt. It means (1) that there is no lien guaranteeing (securing) the debt, and (2) that the Bankruptcy Code gives it priority over other unsecured debts for public policy reasons--in other words a priority debt gets paid before non-priority debts. So, a car cannot be unsecured priority, because it is an asset and not a debt. If you are asking whether you can protect your car in bankruptcy, that is a different question, and the answer depends on the exemption laws in your state. If you obtained a loan to purchase the car, then that loan is most likely secured by the car (i.e. there is a lien), and you cannot remove the lien unless the value of the car is below the current loan amount and you purchased your car more than 910 days before you file for bankruptcy. For more info, take a look at the link below. The above is provided for informational purposes only. It is not intended as legal advice, and does not create an attorney-client relationship.
Is an unsecured non priority still a debt owed?
It is owed until it is discharged in bankruptcy or paid, either in full or as a settlement. Technically, the debt is owed after discharge in bankruptcy, but the creditor or its agents and successors in interest are permanently enjoined from any collection activities.
Are payday loans unsecured nonpriority claims?
Yes, in a general way of classification. The non priority claim would only apply in bankruptcy or probate matters, not in a civil suit brought by the lender for a debt owed.
Can priority debts be included in bankruptcy?
You don't have a choice, ALL debts must be included in your bankruptcy petition. Oh, also, priority debts cant be discharged in a bankruptcy.
