Apologies where this has no doubt been covered before-but just getting going on this-and one has all sorts of early pre-iva questions.
Car-nothing special-does have a cherished number on it of some value-prob. £500 to a dealer and £1300 in private sale.
would a cherished number be taken into account as an asset.
I would ideally like to keep it-if i simply put it 'in storage' would it ever be found out about/necessary to disclose as an asset ?
Mine was worth about the same and I was allowed to keep it and didn't have to make any extra payments.
It will all depend on the IP though.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
