I HAVE NUMEROUS DEBTS TOTALLING APPROX 30K AND AM CONSIDERING BANKRUPTCY. I HAVE JUST HAD A POSSESSION ORDER PLACED ON MY HOME TO WHICH IS NOT MY MAIN CONCERN AS I BELIEVE THIS WILL BE BENEFICAIL IN THE LONG RUN. MY MAIN CONCERN AND QUESTION TO ANYONE WHO CAN HELP IS IM A SELF EMPLOYED TAXI DRIVER AND I OWN A TAXI WORTH APPROX 18K WHICH IS TOTALLY PAID FOR. WILL I LOSE THE TAXI AND THEREFORE MY LIVING IF I DECIDE TO GO BANKRUPT? I HAVE HEARD VARYING REPORTS THAT THEY DONT TAKE YOUR TOOLS OF YOUR TRADE BUT IM WORRIED AS THE TAXI IS OF A DECENT VALUE. THE TAXI LICENCE I HAVE (which is owned by the council but registered to me)REQUIRES THE VEHICLE TO BE WHEELCHAIR ACCESSIBLE AND THEY ARE EXPENSIVE TO BUY SO THERE IS NO POSSIBILITY OF BUYING SOMETHING CHEAPER AS THE CHEAPEST IS ABOUT 18K. I DONT CARE ABOUT THE HOUSE BUT CANT LOSE THE TAXI AND IF THERES A POSSIBILITY I MIGHT THEN I WILL HAVE TO TRY SOMETHING ELSE
I have numerous debts
Posted - 08 December 2009 : 22:10:22
