Page 89 - Bankruptcy Volume 1

3. Unsecured claims in an involuntary case arising after commencement of the proceedings but be-
fore the granting of an order of relief

4. Wages earned within 180 days prior to filing the petition (or the cessation of the business) to the
extent of $12,475 per individual

5. Unsecured claims to employee benefit plans arising within 180 days prior to filing the petition,
limited to $12,475 times the number of employees covered by the plan less the amount paid in
item 3 and the amount previously paid on behalf of such employees

6. Unsecured claims of grain producers against a grain storage facility or of fishermen against a fish
produce storage or processing facility to the extent of $6,150

7. Unsecured claims of individuals to the extent of $2,775 from deposits of money for the purchase,
lease, or rental of property or purchase of services for personal use not delivered or provided

8. Unsecured tax claims of governmental units, as follows:

a. Income or gross receipts tax due (including extension) within three years prior to filing
petition

b. Property tax last payable without penalty within one year prior to filing petition

c. Withholding taxes

d. Employment tax on wages, and so forth, due within three years prior to the filing of the
petition

e. Excise tax due within three years prior to the filing of the petition

f. Customs duty on merchandise imported within one year prior to the filing of the petition

g. Allowed unsecured claims based on any commitment by the debtor to a federal deposito-
ry institution’s regulatory agency (or predecessor) to maintain the capital of an insured
depository institution

9. Allowed unsecured claims based upon any commitment by the debtor to a federal depository in-
stitution’s regulatory agency (or predecessor to such agency) to maintain the capital of an insured
depository institution

10. Certain allowed claims for death or personal injury caused by a debtor’s operation of a motor ve-
hicle while intoxicated and certain claims by secured creditors where adequate protection has
failed to protect such creditor

General Unsecured Claims

General unsecured claims represent the majority of claims in most cases, in terms of both number and
amount. General unsecured claims are entitled to their pro rata share of distributable assets after secured
creditors have been satisfied and priority creditors have been paid. General unsecured creditors must be
paid in full before there is any distribution to interest holders.

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