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uprawnione z pierwszeństwa

English translation: priority claim

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Polish term or phrase:roszczenie uprawione z pierwszeństwa
English translation:priority claim
Entered by: Polangmar
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13:17 Apr 22, 2008
Polish to English translations [PRO]
Law/Patents - Real Estate
Polish term or phrase: uprawnione z pierwszeństwa
hipoteka lub roszczenie uprawione z pierwszeństwa
(odpis KW)
gabik
priority (claim)
Explanation:
The key point is that, under prior law, taxes were a priority claim and had to be paid in full. Even though the priority tax claims could be paid in full in deferred payments under prior law, in many instances the debtor did not have sufficient funds to allow payment of the priority tax claims in full even in deferred payments.
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Whether taxes are priority tax claims or general unsecured claims determines their dischargeability. A priority claim is nondischargeable.
http://tinyurl.com/5kn2b3

he most common claim is an administrative priority claim for unpaid post-petition rent, including other periodic charges, from the bankruptcy filing date until the lease expires or is rejected. Another administrative priority is for the occupancy's reasonable rental value for the period after lease expiration or rejection. Administrative priority claims are not due immediately but have priority over most other creditors and must be paid when the reorganization plan is confirmed.
http://tinyurl.com/5ro47t
Selected response from:

Polangmar
Poland
Local time: 19:51
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1priority (claim)Polangmar


  

Answers


12 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
priority (claim)


Explanation:
The key point is that, under prior law, taxes were a priority claim and had to be paid in full. Even though the priority tax claims could be paid in full in deferred payments under prior law, in many instances the debtor did not have sufficient funds to allow payment of the priority tax claims in full even in deferred payments.
http://tinyurl.com/468xpl

Whether taxes are priority tax claims or general unsecured claims determines their dischargeability. A priority claim is nondischargeable.
http://tinyurl.com/5kn2b3

he most common claim is an administrative priority claim for unpaid post-petition rent, including other periodic charges, from the bankruptcy filing date until the lease expires or is rejected. Another administrative priority is for the occupancy's reasonable rental value for the period after lease expiration or rejection. Administrative priority claims are not due immediately but have priority over most other creditors and must be paid when the reorganization plan is confirmed.
http://tinyurl.com/5ro47t

Polangmar
Poland
Local time: 19:51
Works in field
Native speaker of: Native in PolishPolish
PRO pts in category: 266

Peer comments on this answer (and responses from the answerer)
agree  Luiza Jude
3 hrs
  -> Dziękuję.:)
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Changes made by editors
Apr 24, 2008 - Changes made by Polangmar:
Edited KOG entry<a href="/profile/99805">gabik's</a> old entry - "uprawnione z pierwszeństwa" » "priority (claim)"


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