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October 12, 2020
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October 12, 2020
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Therwer is owed 7,400 by Trader X, who is declared bankrupt. She finds she is an unsecured creditor and eventually receives only 1,184 in payment….

Therwer is owed £7,400 by Trader X, who is declared bankrupt. She finds she is an unsecured creditor and eventually receives only £1,184 in payment.

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(a) The rate in the £ which is pay able to unsecured creditors 

(b) the amount received by an unsecured creditor who is owed £5,750 

(c) the amount owed to an unsecured credit or who is paid£2,880

 

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