Quick Answers to Bankruptcy Questions & Understand How Bankruptcy Laws Affect You

« Do I have the right to file a lawsuit to an employer if he or she turned me down for a job due to bankruptcy?
My mother-in-law passed away on Tuesday. Now, my father-in-law has mortgaged the house & faces losing it? »

T/F question: Bankruptcy law & Claims of the U.S?

bankruptcy law

True or False? : Claims of the United States government against a debtor are always treated as priority SECURED claims under the Bankruptcy Code (of 1978)?

TIA

This entry was posted on Friday, March 27th, 2009 at 2:09 pm and is filed under Bankruptcy Law. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

One Response to “T/F question: Bankruptcy law & Claims of the U.S?”

  1. Korey Humphreys Says:
    March 28th, 2009 at 8:28 pm

    False. Not all claims are treated as priority secured claims. For example, it is possible for claims of the U.S. government to be treated as an unsecured claim.