Response to Should he consider bankcuptcy?

Precisely "Anon", they can't get what you haven't got - as your anecdotal evidence about your "mate" suggests, but they can and do take what you have, if you have an asset worth selling. The TV etc just gets added to the list. The OR is duty bound to attempt to satisfy debts by a "fair and equitable" distribution of the bankrupts realised assets, where they exist. Yes, the "passport" poster is wrong. There is nothing to stop you holding a passport.

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