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If a customer owes money to an electricity company which goes bankrupt, that doesn’t cancel the customer debt. The insolvency firm will sell the debt on for wha
by xhedley 6y ago
If a customer owes money to an electricity company which goes bankrupt, that doesn’t cancel the customer debt. The insolvency firm will sell the debt on for what they can get in order to repay some of the company’s creditors.
- gonzo41 6y agoPity, I feel like that would be the most equitable way to handle this sort of situation. Provider failed, so the client wins.