Nationar's creditors could lose almost $30 million once the state regulator finishes selling the failed check clearing company's businesses and evaluates all claims, according to a financial report from the New York State Banking Department.

As of Feb. 6, when the state-chartered trust company was seized by regulators after a liquidity crisis, Nationar had $401 million in assets and a $29 million deficit, according to a financial statement filed with the report.

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