Classification of debt by maturity or by priority in the event of insolvency. The debts that have to be paid with the proceeds from movable assets of the company must be satisfied first, and then those that have to be paid with the proceeds from real estate assets. As for payment to creditors, those who have the highest priority are the singularly privileged creditors, so they are the first to collect; then the privileged ones would do it, and finally the common ones.
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