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Posted: Fri Aug 31, 2007 7:07 pm
by jim_s
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
Posted: Fri Aug 31, 2007 7:10 pm
by MelanieGiles
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