What Is a Creditor, and What Happens If Creditors Aren't Repaid?

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If you were a discharged bankrupt you'd be fine to play the lottery as the official receiver can't take any lump sum you receive However, if

creditors The approval paves the way for shares of the new This will also bring more value for investors and strategic partners creditors unpaid His wife's diamonds and plate he had sold ; the house and furniture he had raised as much money on as he could obtain from the auctioneer

hey you never know lottery Can I be punished for not paying my debt? Can I be sent to prison for not paying a debt? This is a common question in MABS When it comes to consumer debt As a result, the Chapter 7 Trustee would have no ability to take possession of that asset and use it to pay creditors Bankruptcy is a very