Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site brl-tgr.ARPA Path: utzoo!watmath!clyde!burl!ulysses!gatech!seismo!brl-tgr!wmartin From: wmartin@brl-tgr.ARPA (Will Martin ) Newsgroups: net.legal,net.jobs Subject: Re: Covering ones behind when a company is folding Message-ID: <53@brl-tgr.ARPA> Date: Mon, 25-Nov-85 15:10:07 EST Article-I.D.: brl-tgr.53 Posted: Mon Nov 25 15:10:07 1985 Date-Received: Tue, 26-Nov-85 20:57:35 EST References: <183@pluto.UUCP> <554@ttidcb.UUCP> Reply-To: wmartin@brl-tgr.ARPA (Will Martin (DRXAL-RI) ) Organization: USAMC ALMSA, St. Louis, MO Lines: 16 Xref: watmath net.legal:2585 net.jobs:1615 In article <554@ttidcb.UUCP> haral@ttidcb.UUCP (Haral Tsitsivas) writes: >Distribution of assets is as follows (in that order): > >2. Creditors entitled to a priority receive payment in the order provided. > >The priority for item 2 above is determined as follows: >e. Allowed, unsecured claims up to $900 for consumer deposits. Does this mean customer pre-payments, such as for an item on backorder from an already-paid-for order? Thanks! Will Martin UUCP/USENET: seismo!brl-bmd!wmartin or ARPA/MILNET: wmartin@almsa-1.ARPA