In bankruptcy x unsecured creditors receive pound045 in
In bankruptcy X , unsecured creditors receive £0.45 in the pound. A lender is owed £120,000, of which 20% is secured against assets.
Calculate the amount received by the lender.
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in bankruptcy x unsecured creditors receive pound045 in the pound a lender is owed pound120000 of which 20 is secured
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suppose the total liabilities are pound560000 the amount owed to unsecured creditors is pound375500 and an unsecured
larry is owed money in two bankruptcies x and y he is owed pound28500 as an unsecured creditor in bankruptcy x that
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