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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

11 JAN 2012

Official Receiver v Negus (Chancery Division, Newey J, 16 December 2011)

The Official Receiver sought an income payments order against the bankrupt for £40 pcm, being half of the difference between his income and expenses. An order was refused, because the entirety of the sums generated would go to discharge bankruptcy expenses, and the creditors would receive nothing.


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