being a creditor for a folded company

lord molly | 21:07 Tue 09th Oct 2007 | Business & Finance

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i am owed money by a company that has recently gone bust through appaling directing.

to i have any way of getting some money out of them, say for example being able to take possession of assets still in the ownership of the director of the company?

lord molly

thanks

Clydesdale Bank plc

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Twenty20

If youre a creditor of the company you'll be contacted by the appointed Administrators or Liquidators. It's unlikely you'll receive much - if you're lucky a percentage of every pound you are owed.

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