PPRuNe Forums - View Single Post - Is your money returned if ATO goes bust?
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Old 30th Dec 2022, 09:13
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Capt Scribble
 
Join Date: Jul 1999
Location: England
Posts: 436
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You will be on the list of creditors which are prioritised. If the company owns significant assets that can be sold by the administrator, you might get some money back. The trouble is that a company which is bankrupt is likely to have many creditors and not many assets.
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