Claims secured by a pledge are paid in advance from the proceeds of the sale of the pledges.
If several pledges secure the same claim, the amounts realised therefrom shall be used to cover the claim in proportion to their amount.
The ranking of mortgagees and the extent of mortgage security for interest and other ancillary claims shall be determined in accordance with the provisions governing mortgages.398
Claims not secured by a pledge and the unsecured portion of claims secured by a pledge shall be covered from the proceeds of the entire remaining bankruptcy estate in the following order of priority:
First class
The claims of employees arising from the employment relationship that arose or became due no earlier than six months prior to bankruptcy being declared, but up to a maximum of the maximum insured annual salary under the compulsory accident insurance.
The refund of employee deposits.
Employee claims arising from social plans that arose or became due no earlier than six months before bankruptcy is declared.
The claims of insured persons under the Federal Act of 20 March 1981402 on Accident Insurance and from non-mandatory occupational benefit schemes and the claims of employee benefit schemes as against affiliated employers.
Second class 405
The claims of persons whose assets were entrusted to the debtor by virtue of parental authority for everything that the debtor owed them in this capacity. This preferential right only applies if notice of bankruptcy was given while the assets were under parental administration or within one year of its end.
Contribution claims under the Federal Act of 20 December 1946406 on Old Age and Survivors’ Insurance, the Federal Act of 19 June 1959407 on Invalidity Insurance, the Federal Act of 20 March 1981 on Accident Insurance, the Loss of Earnings Compensation Act of 25 September 1952408 and the Unemployment Insurance Act of 25 June 1982409.
Claims in respect of premiums and cost contributions under the social health insurance.
Contributions to the family compensation fund.
...
Third class
All other claims.413
The following are not taken into account when calculating the deadlines set in the first and second classes:
the duration of previous composition proceedings;
the duration of court proceedings relating to the claim;
in the case of the liquidation of a deceased’s estate by the bankruptcy office, the period between the date of death and the order for liquidation.414