Bankruptcy Forms: Filing Bankruptcy Chapter 7 Bankruptcy Software Chapter 13

The Center For Debt Management
Center4DebtManagement.com ... Always open 24 / 7

Note: For affordable legal assistance The Center For Debt Management highly recommends Standard Legal's Do-It-Yourself Bankruptcy Forms Software Kits. For credit repair services,
the most trusted law firm in America with over 15 years of experience is Lexington Law Firm.

For more bankruptcy help and bankruptcy alternatives, go to Bankruptcy Resources



TITLE 11–BANKRUPTCY

CHAPTER 11– REORGANIZATION

Sub Chapter IV – Railroad Reorganization

Sec. 1171. Priority claims

    (a) There shall be paid as an administrative expense any claim of an 
individual or of the personal representative of a deceased individual 
against the debtor or the estate, for personal injury to or death of 
such individual arising out of the operation of the debtor or the 
estate, whether such claim arose before or after the commencement of the 
case.
    (b) Any unsecured claim against the debtor that would have been 
entitled to priority if a receiver in equity of the property of the 
debtor had been appointed by a Federal court on the date of the order 
for relief under this title shall be entitled to the same priority in 
the case under this chapter.

(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2643; Pub. L. 98-353, title III, 
Sec. 522, July 10, 1984, 98 Stat. 388.)


                      Historical and Revision Notes

                         legislative statements

    Section 1171 of the House amendment is derived from section 1170 of 
the House bill in lieu of section 1173(a)(9) of the Senate amendment.


                         house report no. 95-595

    [Section 1170] This section [enacted as section 1171] is derived 
from current law. Subsection (a) grants an administrative expense 
priority to the claim of any individual (or of the personal 
representative of a deceased individual) against the debtor or the 
estate for personal injury to or death of the individual arising out of 
the operation of the debtor railroad or the estate, whether the claim 
arose before or after commencement of the case. The priority under 
current law, found in section 77(n) [section 205(n) of former title 11], 
applies only to employees of the debtor. This subsection expands the 
protection provided.
    Subsection (b) follows present section 77(b) of the Bankruptcy Act 
[section 205(b) of former title 11] by giving priority to any unsecured 
claims that would be entitled to priority if a receiver in equity of the 
property of the debtor had been appointed by a Federal court on the date 
of the order for relief under the bankruptcy laws. As under current law, 
the courts will determine the precise contours of the priority 
recognized by this subsection in each case.


                               Amendments

    1984--Subsec. (b). Pub. L. 98-353 substituted ``the same'' for 
``such''.



                    Effective Date of 1984 Amendment

    Amendment by Pub. L. 98-353 effective with respect to cases filed 90 
days after July 10, 1984, see section 552(a) of Pub. L. 98-353, set out 
as a note under section 101 of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 1165 of this title.


Back Index Next

Note: For affordable legal assistance The Center For Debt Management highly recommends Standard Legal's Do-It-Yourself Bankruptcy Forms Software Kits. For credit repair services,
the most trusted law firm in America with over 15 years of experience is Lexington Law Firm.

For more bankruptcy help and bankruptcy alternatives, go to Bankruptcy Resources

Go to Index of Related Articles and Resources!

Click Below To Check Out More Financial Resources

Return to Top

The Center For Debt Management™

Helping Consumers Save Money and Reduce Debt Is Our Only Business!™

We invite you to explore the sectors listed below. We promise that you'll find exceptional values, offers and resources in which to reduce your living expenses and to enjoy life!


Debt Management and Financial Services! The Internet's oldest and most comprehensive debt management agency! Resources for debt management, consumer credit counseling, debt consolidation, debt reduction settlements, legal aid, financial aid, loans and financing, credit repair, credit reports, insurance quotes, income sources, tax assistance, and more.

Established in 1989 and serving the online community since 1992!


This site was created and designed by Daniel A. Gelinas
Disclaimer and Privacy Policy      © Copyright  2007 "The Center For Debt Management"      Contact Us
Return to Top

Legal Resource Center: United States Code TITLE 11 Filing Bankruptcy Forms Software