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<h1>Mutual credit and set-off limits provable bankruptcy claims to net balances, excluding claims where creditor had prior notice.</h1> The bankruptcy trustee must account for pre-commencement mutual dealings, set off reciprocal sums so that only the net balance is provable as a bankruptcy debt or payable into the bankrupt's estate; sums are excluded from that account where the counterparty had notice when they became due that a bankruptcy application was pending.