Prepare a document in which you identify and order the following claims in order of distribution.

Directions

Danny Debtor files for bankruptcy on January 1, 2013. The deadline for proof of claim is April 1, 2013. Danny’s assets are as follows: a house, valued at $100,000 (subject to mortgage), a car, valued at $10,000 (subject to auto loan), an RV, valued at $15,000 (subject to auto loan), checking and savings accounts with a total value of $5,000, and personal items with a total sale value of $5,000.

Prepare a document in which you identify and order the following claims in order of distribution.

* Home mortgage, in the amount of $80,000, filed 2/1/13
* Auto loan, secured by personal vehicle, in the amount of $12,000, filed 2/1/13
*Credit card, filed 2/1/13
*Personal loan, filed 4/2/13
*Auto loan, secured by RV, in the amount of $15,000, filed 4/2/13
*Child support obligation
*Tax lien
*Trustee’s fees
*Postpetition interest

This assignment should be in 12-point, Times New Roman or Arial Font, double-spaced and with 1” margins.

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