Homebase owes over £650m to unsecured creditors post collapse
With unsecured creditors ranking behind secured creditors in the repayment process, it is unlikely that the likes of AO World and Halfords will recover what they are due
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Homebase still owes more than £650m to unsecured creditors, including AO World, Halfords, and The Hut, following its collapse into administration in November 2024.