Those three unsecured claims of $1K each will be paid off equally.

Under the plan, general unsecured claims will be paid at the rate of 6 cents on the dollar.

This made the debt owed to Microsoft an unsecured claim.

The retirees are left with an unsecured claim that is meaningless.

A Chapter 7 case in which there are no assets available to satisfy any portion of the creditors' unsecured claims.

Priority refers to the order in which these unsecured claims are to be paid.

This claim will take priority even if the solicitor is bankrupt and has other unsecured claims against him.

The company added that $92 million may be available to pay unsecured claims of $430 million.

"The eight attorney members are not 'creditors holding unsecured claims' because none of them holds a claim," he wrote.

United initially estimated that those with unsecured claims would realize four to eight cents on the dollar.