From: Jonathan Bryce 
Newsgroups: uk.business.accountancy uk.finance
Subject: Re: The story of a debt
Followup-To: uk.business.accountancy
Date: Wed, 12 May 2004 20:42:11 +0100

usenet@isbd.co.uk wrote:

> I always wonder in this situation how the bailiffs can tell who owns
> the things in the house they take away to sell.  For example in our
> house (I'm not aiming to go bankrupt so I hope it doesn't happen)
> quite a lot of the computer hardware (most of it in fact) is owned by
> a Ltd. company and isn't my private property.  Won't the Ltd. company
> be able to drop like a ton of bricks on the bailiffs for nicking their
> property?

If you own the shares in the Ltd company, they could go for that, and force
the company into liquidation.  Otherwise, yes the Ltd company would have a
case.