EQUITY

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kieranandmegansmum

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Post by kieranandmegansmum » Thu Dec 13, 2007 6:31 pm
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IF YOU GO BANKRUPT IS THERE A PERCENTAGE NEEDED IN EQUITY AS I WOULDNT HAVE ENOUGH FOR ALL MY CREDITORS

S WARD
S WARD
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MelanieGiles

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Post by MelanieGiles » Thu Dec 13, 2007 9:58 pm
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Bankruptcy does not involve you making an offer, it means that your assets vest in a Trustee who then realises them and uses the proceeds to repay your creditors (after firstly meeting the costs of the bankruptcy.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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