|
|
 |
 |
FORUM |
|
> Browse and post on our forum |
|
|
|
 |
|
 |
|
Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!
|
| T O P I C R E V I E W |
| pug2791 |
Posted - 20 September 2009 : 14:37:30
Hi, another question I'm afraid.
I am trying to complete the bankruptcy form and have come to the tools and stock section. The person going bankrupt is an electrician and has various power tools, manual tools (screwdrivers, spanners, etc, etc) and testing equipment. Also has some stock such as cable, switching gear and sundries.
When completing the form does each item need to be listed or is it OK to put "various power/manual tools" as a single item? Same question for the stock, could it be "Cable and Switching Gear" or does each item need to be listed?
If it all needs to be listed separately then I think I will be here till next Xmas.
Any help greatly appreciated.
|
| 4 L A T E S T R E P L I E S (Newest First) |
| pug2791 |
Posted - 21 September 2009 : 08:12:34
Thanks for the responses, that helps loads - hopefully will get this finished soon... |
| Reviva UK |
Posted - 20 September 2009 : 20:21:06
I am just closing down an electrical / networking company and after we had sectioned everything together I asked the auctioneer ( same one the OR uses )to have a look and give me a realistic figure for the value of trunking and cat 5 / cat 6 cabling.
aim for around 10% of the trade price, even less for half opened cable reels.
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
Real People ..... Real Debt Solutions |
| debtinfo |
Posted - 20 September 2009 : 16:51:08
also remember that the value that you fill in is what the second hand resale value would be not what they were bought for |
| gettingoutofdebt |
Posted - 20 September 2009 : 15:12:46
I would just list it as "various power/manual tools" on the SOA and then if the OR wants more details they will ask about it during the interview. |
|
|
| bankruptcyhelp.org.uk Forum |
© bankruptcyhelp |
 |
|
|
|
|
 |
|
|
|
|
|
