3 ms·
Yup. This. The bankruptcy system already has tiered creditors (senior, junior, secured, unsecured) who take precedence in certain orders during bankruptcy. In
by master_crab 2y ago
Yup. This. The bankruptcy system already has tiered creditors (senior, junior, secured, unsecured) who take precedence in certain orders during bankruptcy.
In fact this already exists in accounts payable situations: customers may take precedence for goods not received before creditors, etc (depending on location and laws of course). But usually they don’t, sadly.