"Unsecured creditors rank below secured creditors when it comes to receiving payment following the liquidation of a company. Unsecured creditors do not have the benefit of having a claim over a particular asset, and can include suppliers, contractors, landlords and customers. Perhaps surprisingly HMRC is also an unsecured creditor. As they do not have a hold over any particular asset it is much harder for unsecured creditors to recover the cash they are owed. Instead they have to hold tight and hope there is enough money left to go aroundafter the secured creditors have been paid. Unfortunately the reality is that unsecured creditors typically receive very little, if anything, following the liquidation of a company."
If HMRC has no more rights than a customer, do you still think it right for someone to take items from a liquidated company?