![two arms carving up piles of money - one is Uncle Sam](https://www.thompsoncoburn.com/images/default-source/stock-images/money_stacks-650x510.jpg?sfvrsn=ae3d42ea_0)
Under the Federal Priority Act, the government gets paid first if it has an outstanding claim when businesses or individuals become insolvent. But a review of relevant case law suggests that creditors who hold a prior perfected interest in a debtor’s real or personal property may still have a fighting chance in an ensuing priority battle. READ MORE