ChatterBank3 mins ago
can a bankruupt person still have property that they are able to sell
Answers
Best Answer
No best answer has yet been selected by pinkerton. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.It depends what you are thinking of. If you mean various low value items such as clothes that you might sell on e-bay, then I don't think there would be any problem unless you were seen to be doing this on a fairly regular basis, in which case the money you received might be regarded as part of your income.
But if you mean something valuable, then I agree with previous posts - it should have been declared as an asset when you went bankrupt & would very likely be taken.
But if you mean something valuable, then I agree with previous posts - it should have been declared as an asset when you went bankrupt & would very likely be taken.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.