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Meeting of Creditors

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One of the first steps in federal Bankruptcy proceedings whereby the creditors of a debtor meet in court to present their claims against him or her and a trustee is named to handle the application of the debtor's assets to pay his or her debts.



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Fayetteville developer Brandon Barber answered questions about his assets and liabilities last week at the first meeting of creditors since he filed Chapter 7 bankruptcy on July 31.
Supporters were worried when yesterday's meeting of creditors was postponed until next Thursday.
A meeting of creditors overwhelmingly agreed to except a deal which will give them 15p in the pounds 1 and City are now free to attend tomorrow's Football Alliance AGM in Stratford upon Avon without the stigma of a CVA hanging over them.
 
 
 
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