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combined assets
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chris.ph
Starting Member
1 Posts
Posted - 03 February 2010 : 16:52:35
Hi. I was wondering if the £2,500 valuation is combined assets. For example my car is worth approximately £1,800 and I wondered if this would mean I would not be able to keep other items of value such as my TV etc should I go bankrupt.
Thanks for your help
Chris
gettingoutofdebt
forum expert
2418 Posts
Posted - 03 February 2010 : 18:16:52
I am not sure what you mean by the £2500 valuation.
Any household items worth less than £1k are safe and a car worth less than £2k is also fine provided the OR deems you need the car for work.
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