HI, It's safe to say that the OR would view it as an asset to be realised. If it's used to get to work, then like a car they could let you have a proportion of the proceeds to get a reasonable replacement, but that would be up to the OR.
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"
bicycle for work
Posted - 12 August 2011 : 17:04:53
