Author Topic: Private shares and bankruptcy  (Read 17744 times)

damcod

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Private shares and bankruptcy
« on: Jun 06, 2015, 11:48:24 AM »
Hi, I'm a little over 30k in debt from unsecured loans and credit cards and just about to file for bankruptcy.  Being a private tenant and without a car the only assets that I own are shares that I have privately bought so my question is, will my shares be affected if I go bankrupt if so what are the implications if I were to transfer the shares before filing for bankruptcy into somebody else's name? FWIW, the shares are worth about £1750.00.