What are the first three priority items under liquidation in bankruptcy after the claims of secured creditors

Question:

What are the first three priority items under liquidation in bankruptcy after the claims of secured creditors are settled?

Liquidation
Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations when they are due....

Fantastic news! We've Found the answer you've been seeking!