The rejection of a claim wages in bankruptcy

Right of bankruptcy determines the order of priority that paid the outstanding company debt. Courts have long recognized the importance of pay unpaid wages. Wages are paid above the shareholders, the owner and the creditors of the general contractor. Refund LawBankruptcy priorities are set out in section 507 of the code of the federal bankruptcy. In general the unpaid child support is honored in the first place, followed by the Court of administrative expenditure and taxes.SeniorityUnpaid content in the 180 days after filing bankruptcy deserves then come up to a limit of $ 10,000 and is better than any other unsecured creditors. Salaries can include salary, hourly wages, unpaid leave, severance pay, commissions and vacation pay. But unpaid contributions to defined benefit plans seniority.ConsiderationsThe are promised, then suite can be filled of debt in the event of bankruptcy Chapter 7: criminal penalties and fines, taxes unpaid, loans, releasable debt, you took to repay of the debt Nondischargeable and secured debt. Unpaid wages are not dischargeable under Chapter 7 and chapter 13 filled can be.