In Swiss bankruptcy law the following order of priority applies:
- Debts secured by collateral have priority over other debts with respect to the proceeds of the liquidation of the collateral.
- The rest of the debts are divided into three classes:
- Class 1
- salary claims of employees before the bankruptcy ruling
- claims resulting out of obligatory accident insurance
- claims resulting out of non-obligatory pension plans
- claims of pension funds for premiums against employers
- alimony claims of dependants and partners
- Class 2
- certain claims of marital partners
- premiums for social security insurance
- premiums for accident insurance
- premiums for unemployment benefits insurance
- premiums and contributions to health insurance
- contributions to family burdens equalization fund
- Class 3
- all other debts
- Class 1
