41. In bankruptcy, secured creditors would be paid off first. 42. The unsecured creditors will usually realize a smaller proportion of their claims than the secured creditors . 43. Generally, the rights of secured creditors to their collateral continues even though their debt is discharged. 44. One committee will be composed of secured creditors . 45. Secured creditors are owed about $ 663 million.46. The primary secured creditor , the Bank of New York, is owed $ 43 . 5 million. 47. The preferred legatees correspond to the secured creditors , and the other legatees to the concurrent creditors. 48. In so doing, the FIDF reduced its position from a secured creditor to a general creditor. 49. If TWA reorganizes in bankruptcy court, the Machinists will be one of the company's secured creditors . 50. Round the Corner filed for bankruptcy in 1996, with Good Times as the only secured creditor .