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 will the or take my childrens games

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T O P I C    R E V I E W
chris45 Posted - 04 January 2009 : 11:57:46
i am going bankrupt this month will the or take my childrens games and posestions playstations ect
4   L A T E S T    R E P L I E S    (Newest First)
Skippy Posted - 05 January 2009 : 10:12:34
The OR is only interested in anything of value belonging to the person going BR.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

18 IPA payments to go!
Needafriend Posted - 05 January 2009 : 08:30:41
Hi Chris

I would not worry about the kiddies stuff being taken, like you i had that worry but i should not have worried as it does not happen unless its worth over £500 or more and then the OR has to sell it, make some money and give you some back for a replacement.

So as for kiddies games, toys etc i would just put that to the back of yur mind :-)


Jo
x



22 Weeks down


30 to go




For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
chris45 Posted - 05 January 2009 : 05:22:24
quote:
Originally posted by chris45

i am going bankrupt this month will the or take my childrens games and posestions playstations ect

thanks for that at least one less thing to worry about.

Jez Posted - 04 January 2009 : 12:42:11
Hi Chris,

This was one of my major concerns, and I think it is a major concern of all parents going BR.

The OR will not take your children's games, toys, playstations, etc... For starters they wouldn't be valuable enough to be of interest to the OR; As a rule of thumb, the OR is really only interested in assets worth £1000 or more.

Jez

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