https://www.investopedia.com/ask/answers/09/corporate-liquidation-unpaid-taxes-wages.asp https://www.investopedia.com/ask/answers/09/corporate-liquid... > Shar

https://www.investopedia.com/ask/answers/09/corporate-liquidation-unpaid-taxes-wages.asp https://www.investopedia.com/ask/answers/09/corporate-liquid... > Shareholders are often last in line to receive proceeds with preferred stock shareholders getting better treatment than common stock shareholders. Loans aren't shares; not even early loans. Else they'd get much better returns from the successful businesses.