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 Would computer used for business be at risk ?
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Michael.68
Starting Member



1 Posts

Posted - 25 January 2011 :  21:54:00  Show Profile  Visit Michael.68's Homepage  Reply with Quote
Hi, I have a computer probably worth £400 second hand which I use for business and pleasure would this be taken.

debtinfo
forum expert



2826 Posts

Posted - 25 January 2011 :  22:29:50  Show Profile  Reply with Quote
probably not
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Bigal4787
forum expert



United Kingdom
641 Posts

Posted - 25 January 2011 :  23:52:05  Show Profile  Reply with Quote
Hi Michael,
in the time I worked at the IS, I was never aware of the OR claiming a computer as an asset( yours at £400, would cost more to realise than its value), plus if it's for work it can be exempt anyway.

The only time the OR will take a computer, would be to seize it as part of any investigation into misconduct.

Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.

If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
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