I once worked for a company that filed for bankruptcy. Any monies that vendors collected in the previous 90 days was subject to recall. Vendors got a letter similar to the one you are talking about. The reason is to prevent preferential treatment; in other words some people (perhaps 'friends' of the bankrupt company's accountants) got money before other more deserving. The money repaid to the court was lumped into a pool of money to pay off secured creditors first, and then vendors, if there was any left over. Usually there is darn little left at that point. I wonder if there might be exemptions for farmers who sold cattle.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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