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 when filling out forms for bankruptcy
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hanlou
New Member



United Kingdom
56 Posts

Posted - 29 November 2008 :  17:37:40  Show Profile  Reply with Quote
hi all when filling out forms for br what are considered as assets and do you list everything in your home clothes etc and what about my childrens things like game consoles and their personal items will they be affected any help appreciated

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 29 November 2008 :  17:57:28  Show Profile  Reply with Quote
Hi Hanlou

Assets are really any houses, cars, antiques that sort of thing over a value of about £500 ish.

No you dont have to list household items unless they are of a significant value like a v large plasma tv worth about 2k.

LOL

Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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hanlou
New Member



United Kingdom
56 Posts

Posted - 30 November 2008 :  09:03:05  Show Profile  Reply with Quote
quote:
Originally posted by Needafriend

Hi Hanlou

Assets are really any houses, cars, antiques that sort of thing over a value of about £500 ish.

No you dont have to list household items unless they are of a significant value like a v large plasma tv worth about 2k.

LOL

Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!


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hanlou
New Member



United Kingdom
56 Posts

Posted - 30 November 2008 :  09:06:35  Show Profile  Reply with Quote
quote:
Originally posted by hanlou

hi all when filling out forms for br what are considered as assets and do you list everything in your home clothes etc and what about my childrens things like game consoles and their personal items will they be affected any help appreciated


hi jo thanks for that was worried about that not lucky enough to have plasma tv or antiques so should be ok then many thanks
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hanlou
New Member



United Kingdom
56 Posts

Posted - 30 November 2008 :  09:08:21  Show Profile  Reply with Quote
sorry brain not working as usual too much going on posting reply all wrong lol
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 30 November 2008 :  13:49:57  Show Profile  Reply with Quote
The only things I declared as assets were my car and my laptop. My car was exempt, and my laptop wasn't even mentioned. I presume that's because it was low value as it wasn't working properly!

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
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