It happens in france, and it's certainly not unique to france. When you're over indebted, on your own name (not your company's name), and didn't go through over-indebtedness procedure soon enough, they take everything you have that isn't pinned to a wall.Also they let you keep the table, chairs, and the bed stuffs like that. I think they take the couch too, eventually, and the tv of course
Also this https://finance.yahoo.com/news/europe-proposes-mass-confiscation-private-153854070.html Europe Proposes Mass Confiscation of Private Assets March 14, 2014
It happens in france, and it's certainly not unique to france. When you're over indebted, on your own name (not your company's name), and didn't go through over-indebtedness procedure soon enough, they take everything you have that isn't pinned to a wall.Also they let you keep the table, chairs, and the bed stuffs like that. I think they take the couch too, eventually, and the tv of course
Also this https://finance.yahoo.com/news/europe-proposes-mass-confiscation-private-153854070.html
Europe Proposes Mass Confiscation of Private Assets
March 14, 2014
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