Corporate and Personal Recovery
Bankruptcy & IVA's - Index to Topics
- Layman's Guide
- Bankruptcy Fees Guide
- Personal Administration Orders
- IVA Fee Guide
- Individual Voluntary Arrangements - The different types of IVA
- Bankruptcy - A guide to what happens to things that matter to you
- Save your house before a bankruptcy
- Can I keep my car when I am made bankrupt?
- Can I keep my furniture if I am made bankrupt?
- What happens to the income from my job if I am made bankrupt?
- Bankruptcy - Income and Expenditure treatment
- Protective Steps ahead of a bankruptcy
- Alternative Options to bankruptcy
- Can I negotiate directly with my creditors?
- Insolvency and TV Advertisements
- Banruptcy advice from Citizens Advice Bureaus
Can I keep my furniture if I am made bankrupt?
Section 283 The Insolvency Act 1986
Good News! The general rule is that you keep your furniture if you have either a bankruptcy or propose a voluntary arrangement.
If you want to know the law or read about the application of the law to issues relating to the bankrupt's furniture and case studies please click below:
The Law on keeping furniture in bankruptcy
Case Study One on not losing your furniture if you are made bankrupt
Case Study Two on why furniture is an excluded asset in a bankruptcy
Case Study Three on furniture and bankruptcy
