Yeah, awaiting payment on a £600 invoice from a company that's just gone bust. I owe £400 of that to a subcontractor.

I'm guessing I'm waaaaaaay down the list of priority in paying off creditors. The debt is unsecured and I assume very small (company was a wind farm developer).

So first of all - what are the ball park chances of me getting any money?

Second of all - what's the legal status of my debt to the subcontractor?