Also, what is a unsecured priority claim.
Unpaid wages are paid out first before creditors, it would be considered a secured claim. Bills from vendors would be filed as unsecured unless a contract of some sort was signed between the company and creditor as to what order they might be for payment. (If a finance company extends a line of credit to a company they would indicate in their filing with the state that they do business in what order they would be for payment). Once the secured claims are paid out then it's a first come first filed until the money runs out.
If you are owed back wages it is a priority claim. Normally employers keep their employees paid or the employees walk.
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