do you have to sell any of your things

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britt

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Post by britt » Thu Oct 04, 2007 11:46 am
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do you have to sell any of your things, ie car, stereo, things like taht
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mikebdomain

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Post by mikebdomain » Thu Oct 04, 2007 11:59 am
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Hi britt welcome to the forum

Please supply some more information - the chances of you having to sell your car stereo for bankruptcy would be very slight - unless it was worth a few thousand pounds

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Adam Davies

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Post by Adam Davies » Thu Oct 04, 2007 1:05 pm
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Hi
In an IVA you usually do not sell anything apart from stocks and shares etc.
In bankrruptcy that would also include property,cars over a certain value,motorbikes surplus to requirements etc and any other valuale assets.This will not include normal household items.
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