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Another BR forms question...

On section 3 of form 6.28 you have to list your assets, what does it mean by cash in hand, is this as it sounds, work you do for cash in hand or is it how much money you actually possess at this point in cash?

Also what is meant by Fixtures & Fittings?

In actuality my assets comprise of a handful of cd's, dvd's...maybe 20/30 books, a 14inch portable tv, 5 year old dvd player, 4 year old pc, 4 year old stereo, all of which i'd say weren't worth more than about £200 put together, should I put these down on my assets, I can do without everything but the PC and do not want to lose it.
Bankrupt 14/08/07, Early discharge granted 14/02/07...exactly 6 months later :D

Comments

  • I've taken it to mean single item resale values of at least £500 + from reading here, although you may have spent a decent sum on your items at time of purchase, there value at an auction probably wouldn't be too much.
  • Cash in hand is the money in your pocket the day you declare BR in most cases thats usually nowt:D

    LOL...yup, walk into the courtroom with £485, walk away with nothing...and no more debt...woo hoo!!!
    Bankrupt 14/08/07, Early discharge granted 14/02/07...exactly 6 months later :D
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