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T O P I C R E V I E W
Aries1
Posted - 15 April 2009 : 23:04:07 Hi Guy's, I am intending to go down the bankruptcy route shortly. I recently sold a vehicle for 3 grand cash to pay for certain things which were necessary from my 9 months of none business activity. As if going bankrupt isnt enough to hassle the stress threads, will I be in further trouble for spending the money?
I'm new to this group, and feel quite sad at the number of people not only in the same boat, yet happy to see such support, and unity at the same time.
Many thanks
Aries1
2 L A T E S T R E P L I E S (Newest First)
Aries1
Posted - 16 April 2009 : 02:48:30 Thanks Paul & John. Your info has given me has given me the insight I needed in this regard, and now understand the route to take.
Happier than I was
Reviva UK
Posted - 15 April 2009 : 23:18:57 Hi
you will need to identify the car on the Br forms and declare what you sold the car for.
You will no doubt be asked what you spent the money on and over what period so it is wise to start to work on the list / time line now
