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 I own a property in turkey,if i am made bankrupt

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T O P I C    R E V I E W
ian99 Posted - 13 February 2009 : 13:25:46
I own a property in turkey,if i am made bankrupt,will it be siezed.Thanks
2   L A T E S T    R E P L I E S    (Newest First)
John Posted - 13 February 2009 : 18:44:42
Hi

you are required to declare your interest in the property on the SoA.
If your interest in the property has equity then the OR will want to realise this sum for the benefit of the creditors.
If it has no equity there won't be a problem.

timendi causa est nescire
Niobe Posted - 13 February 2009 : 14:16:26
Hi Ian, and welcome to the forum.

Not too sure about that!

One of the experts should be along soon to advise further.

The glimmer gets brighter all the time

Jan
xx

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