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

Posted: Thu Oct 04, 2007 11:59 am
by mikebdomain
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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Posted: Thu Oct 04, 2007 1:05 pm
by Adam Davies
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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