If I went bankrupt

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di.

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Post by di. » Fri Apr 13, 2007 9:32 pm
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If I went bankrupt, what type of assets could they make me sell? I have things like tv, video, dvd, computer, camera, but no expensive items.
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MelanieGiles

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Post by MelanieGiles » Fri Apr 13, 2007 9:35 pm
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Hi di

None of those assets would be grabbed under bankruptcy proceedings.

The usual ones which are are equity in properties, cars over the value of £3,500, stocks and shares, endowment policies, bank account credit balances etc.

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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