Posted: Fri Apr 13, 2007 9:32 pm
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.
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