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 My husband has a van for his business		  New Topic  Reply to Topic
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darkdays
Starting Member

8 Posts
Posted - 23 April 2009 :  22:37:52  Show Profile  Reply with Quote
My husband has a van for his business (worth £4,000), if we went bankrupt would he have to sell this?

Reviva UK
Advanced Member

United Kingdom
2452 Posts
Posted - 23 April 2009 :  22:44:11  Show Profile  Reply with Quote
Hi

any vehicl worth over £2000 or more is at risk - or at least the value above £2k

Couple of pointers

first get some real valuations so you know what it is really worth

secondly speak to an expert on the forum as depending upon where you are in the country may effect the view of the OR.

Lastly what sort of business is he in and has he had specific advice regarding insolvency and how ic can effect the business

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
http://www.revivauk.com

Real People ..... Real Debt Solutions
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