If a debtor refuses to pay an unsecured creditor, and the debtor is insolvent, the unsecured creditor collects:

Name: If a debtor refuses to pay an unsecured creditor, and the debtor is insolvent, the unsecured creditor collects:
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If the debtor is insolvent and refuses to pay an unsecured creditor, the creditor has no collateral or security to collect from and therefore cannot force payment. The unsecured creditor will likely have to write off the debt as a loss.

If a Debtor Refuses to Pay an Unsecured Creditor, and the Debtor