The priority of compensation can be confirmed through mediation. Mediation and effective judgment have the same legal effect, which can guarantee the seriousness of the law. In principle, the priority of compensation must be confirmed by effective legal documents, unless recognized by interested parties. When the stakeholders disagree, whether the priority is confirmed in the effective legal document will seriously affect the priority and the procedural interests of the stakeholders, and may even lead to different substantive results.

Legal objectivity:

Article 435 of the Civil Code stipulates that the pledgee may give up the pledge. If the debtor pledges his own property and the pledgee gives up the pledge, other guarantors shall be exempted from the guarantee liability within the scope of the pledgee's loss of priority rights, except that other guarantors promise to provide guarantee. Article 110 of the Enterprise Bankruptcy Law of the People's Republic of China * * * If the creditor who enjoys the rights stipulated in Article 109 of this Law fails to fully pay off the priority of repayment, its outstanding creditor's rights shall be regarded as ordinary creditor's rights; The creditor's rights shall be regarded as ordinary creditor's rights.