A
creditors' committee is formed to represent the
interests of all creditors in supervising the
activities of an administrator or trustee in
bankruptcy, or receiving reports from an
administrative receiver.
(Please Note: The
definitions are not intended to be exhaustive
summaries of the Law. They are based on material
from The Insolvency Act 1986 , and other Acts
dealing with this subject.)
Budgeting at christmas 
