live in a mobile home, no chance of equity

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jim_s

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Post by jim_s » Fri Aug 31, 2007 7:07 pm
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I live in a mobile home and myself and my wife have no other property. By definition a Caravan depreachiates much like a car, leaving no chance of equity. Where would we stand re property in this situation
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MelanieGiles

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Post by MelanieGiles » Fri Aug 31, 2007 7:10 pm
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Hi jim and welcome to the forum

The mobile home has a value which will need to be disclosed in your Statement of Affairs. How much is it worth?

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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