#FIGHT BACK!
Alex,
The creditors are controlled by the laywers who sell their time by the hours.
Often, laywers are motivated by self interest (greed).
From what I've read on the BBS's, it seems to me that the trustees are and have
acted in an irrational manner to the detriment of all. Ergo, stir up the
trustees.
As far as creditors benefiting from a write-off, if they can, they will, and
they won't be able to until the assets are sold or the assets no long- er have
value – however, the creditors will be much better off getting cash. The more,
the better.
FIGHTBACK!
Jon Byk