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T O P I C R E V I E W
John.dc
Posted - 25 July 2012 : 18:56:10 once the court declares a person bankrupt does the bankrpupt still owe his debtors and if so will all his belongings be seized?
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 25 July 2012 : 18:59:42 Hi John,
All assets are at risk once bankrupt, but this isn't everything you own.
Your debts are written off but you may pay a monthly payment for 3 years if you can afford to.
Do you want to post a little bit more information or call an expert to chat through your situation.
