Which of my assets can be part of my bankruptcy estate?

I recently have been declared a bankrupt however I still have a lot of assets that I can sell to be part of my bankruptcy estate. The Official Assignee adviced me to sell my assets so that I can easily be discharged from bankruptcy but I don't know whcih of my assets could help me form part of my bankruptcy estate.

  • user image

    No Name

    Anything of value at the datto your bankruptcy estate. of making the Bankruptcy Order or after the making of the Bankruptcy order can form a part of your bankruptcy estate. Gifts given to you prior to your discharge from bankruptcy can also be part of your bankruptcy estate. Proceeds obtained from the from the sale of your assets, excluding the value of the secured debt will be remitted

    2020.03.24 15:44

    Please leave your knowledge and opinion!

    Related Forums

    What would happen to my assets and my debts if I pass away?

    Bank account was forced to close because of a company's bankruptcy

    Who would manage my bankruptcy estate and who decides my target contributions?

    Would it be possible for someone else in the business owner's family to file for bankruptcy on behalf of the owner?

    Am i qualified to have a bank account?

    Can fraud be an applicable case towards me if I were to file fraud for an individual who claimed my checks?

    Related Reviews

    Awesome features and top-notch security measures

    Revolut / Revolut

    I like how you can transfer your cash out and it’s liquid and at the same time you can use it for overseas payments. Love the feature of the one- time destroyable card number to protect your wallets from fraudsters. Very simple and straightforward user interface. Topping up the account was easy using credit card and there were plenty of security tools that allows you to turn on & off real time to keep your account safe. Real time viewing of exchange rate in app is definitely a function that I love so that I can do the conversion real time to know how much I will be spending in local currency.

    Hassle free overseas usage with good rates as compared to the rest of the competitors

    YouTrip / You Technologies Group

    YouTrip is actually a god-sent card for those who are conscious of amount spent especially when travelling overseas. With predetermined exchange rate, there is no shock and surprises after a well-deserved holiday trip with all the shopping and nice food. Hassle free overseas usage with good rates as compared to the rest of the competitors. One suggestion is to avail your card into digital card wallet like apple pay or Samsung pay so that it will afford you a fully hassle free usage without the need of bringing the physical card. Use it anytime anywhere with just your phone.

    A robust application built with simplicity and fast payments in mind

    Yoyo Wallet / Yoyo Wallet

    Yoyo Wallet is a robust application built with simplicity and fast payments in mind. You connect your cards (debit and credit) or Apple Pay once and start using your smartphone to make payments. It allows you to keep all your financial detail in a centralized place, gain no additional wallet weight and take only your smartphone on your shopping experiences. The solution is ultra-secure; your financial details are stored by a trusted payment service provider and not in your smartphone or by Yoyo.

    A mobile app that allows you to manage your credit card account and payment services

    BOC SG eWallet / Bank of China

    The BOC SG eWallet is a new mobile app that allows you to manage your credit card account and payment service. You can use your BOC SG eWallet mobile app to bind/unbind your BOC Unionpay credit card for QR Code payments, QR transactions history tracking, etc.Both consumer-presented and merchant-presented QR scanning functions are available. Your transactions made via the mobile app is secured. For more details, you can click on “Security Tips

    Face to face verification via live video call rather than visiting a branch

    FlexM / FlexM

    I think it is more seamless if we could have a face to face verification via live video call rather than having to travel all the way since the idea is convenience anyway. The direct bank to card transfer was good but they could consider including wallet to bank as well. It would also be nice if they include multiple currencies for multiple wallets with attractive packages for Malaysia especially since other wallets/banks don’t have Malaysia. I would also fancy if they ensure that the interface updates promptly especially for remaining balance and suspended cards and include any charges upfront before users make payments

    Dash all the way from Singapore to Thailand

    Dash / Telecom Equipment

    Singtel Dash is an e-wallet, so once you download the Singtel Dash app and log in, you can top up your dash account. It also works as a virtual visa account, so the account comes with its own unique 16-digit Dash Visa virtual account number and security code. Singtel Dash is can be used in Thailand in as well as in Singapore, making it more attractive to Singaporeans who frequently travel to Thailand. The app also lets you transfer money to another account, remit money overseas and, if you have an NFC-enabled phone, tap in and out of train and bus rides.