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 Do you have to sell your house and car ?
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Pauldmc8
Starting Member



1 Posts

Posted - 29 January 2011 :  18:46:58  Show Profile  Visit Pauldmc8's Homepage  Reply with Quote
Do you have to sell your house and car if you declare yourself bankrupt

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 29 January 2011 :  19:24:33  Show Profile  Reply with Quote
Hi Paul, welcome to the forum.

I suggest you take advice from an expert on here or the CAB. It's such a general question that without knowing your situation, we couldn't answer it.

Please post a few more details regarding your circumstances and you'll get lots of help and support on here.

Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Housing
Senior Member



United Kingdom
1399 Posts

Posted - 29 January 2011 :  21:40:36  Show Profile  Reply with Quote
Hi pauldmc8

Oops - pressed the button too fast...

Yes, as has been said contact the CAB or the experts on the left of the page.

Too general a point to give any helpful comments to you.

You could post again with more detail too

Housing
"There are no problems - only solutions"

Edited by - Housing on 29 January 2011 21:42:27
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 30 January 2011 :  11:17:56  Show Profile  Reply with Quote
If your car is worth more than about £2k then you will probably have to sell it and buy a cheaper one.



Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.

Jan
xx
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