Summary of claims collection priority ranks
Collocation rank — Real estate creditor
PRIORITIES:
Legal costs and expenses incurred in the common interest
Creditors of municipalities and school boards for property taxes
- Creditors benefiting from a legal construction mortgage
- Mortgage creditors (conventional and legal mortgages) who rank according to the date and time of their registration in the Land Register
- Ordinary or unsecured creditors
Collocation rank — Furniture creditor
PRIORITIES:
Legal costs
Unpaid seller
Person benefiting from a right of retention
Claims of the State for amounts due under tax laws
- Mortgage creditors (conventional and legal mortgages) who rank according to the date and time of their registration in RDPRM
- Ordinary or unsecured creditors