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 RTLU PASSED TO INSOLVENCY PRACTIONER
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debtinfo
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2826 Posts

Posted - 06 November 2009 :  22:55:04  Show Profile  Reply with Quote
Thats why it is unusual, if there are no assets they dont get paid. The OR gets paid first, followed by the IP followed by creditors so i cant see why the creditor would push for an IP. How much is the property in negative equity by. Is there any chance that a generous valuation would show any equity
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