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    Anyone here ever gone bankrupt?

    Just wondering if anyone one here has gone bankrupt??i live with my partner and was wondering how the baylifs know whos items belong to who as they are only allowed to take my items.


    thanks

    8 Comments

    I thought they could take anything kept under your address?

    yep ^^

    vengod;6432956

    I thought they could take anything kept under your address?



    +1

    Move your stuff to someone else's house!

    i havent but know someone who came close to having the baliffs take their stuff. Apparently once the baliffs have been and catalogued the stuff (through the window etc) it is technically theirs and if you remove it from the house you are repsonsible for replacing it.

    Usually when you apply for bankruptcy you have to fill in a detailed form about assets, income, expenditure etc... and from what I can remember from my friend telling me (reliable source) they don't actually send baliffs round, you agree to a "handing over" if you like to call it that... unless you've been dishonest about declaring assets in which case they will send bailiffs.

    [edit] Go to the CAB and get some info/help... they will be able to give you all the info you need.

    SuperEd

    take it from me ,iv been bankrupt they do NOT send baliffs rouan onc ei had been and,i just had to list what items i had of value and once i had been declared bankrupt i was passed on to a offical receiver and he rung me within a few days and said that was it

    I think you will find that unless you can show proof that an item belongs to someone else they will take it. If you caan take the other guys advice and move your good stuff out of the house. Just remember that if they do not recover enough you will still owe the balance anyway.....

    Original Poster

    mosskeeto;6433859

    I think you will find that unless you can show proof that an item belongs … I think you will find that unless you can show proof that an item belongs to someone else they will take it. If you caan take the other guys advice and move your good stuff out of the house. Just remember that if they do not recover enough you will still owe the balance anyway.....



    i thought they write of all debts??if that isnt the case them im better of paying a very low amount everymonth to each debt,what is the point of going bankrupt then??


    thanks
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