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Bluzie2

01/13/11 12:11 PM

#3049 RE: jmbell42 #3048

You are right. Here's the thing: under the bankruptcy "priority" process, each tier of creditor must be paid in full before the tier below it is paid. If we're class 12, as alleged, then we're well ahead of any creditor class that could conceivably be impaired, so we get paid in full.