In the distribution of the bankrupt's estate1, his preferential debts2 must be paid in priority to other debts3. Ordinary preferential debts4 rank equally among themselves after the expenses of the bankruptcy and must be paid in full, unless the bankrupt's estate is insufficient to meet them, in which case they abate in equal proportions between themselves5. Secondary preferential debts6 rank equally among themselves after the ordinary preferential debts and must be paid in full, unless the bankrupt's estate is insufficient to meet them, in which case they abate in equal proportions between themselves
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