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{
"id": 494357,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/494357/?format=api",
"text_counter": 186,
"type": "speech",
"speaker_name": "Hon. A.B. Duale",
"speaker_title": "",
"speaker": {
"id": 15,
"legal_name": "Aden Bare Duale",
"slug": "aden-duale"
},
"content": "Clauses 147 to 156 restrict the right of a bankrupt person to deal with a property. If you are declared bankrupt, the right to deal with your property is well documented in Clauses 147 to 155. In this regard, such a person or any other person cannot recover any property which is part of the estate or release or discharge such a property. Clause 151 confers the right of the bankrupt person to retain tools of trade and necessary effects, but this does not affect any right under security or hire purchase agreement. So, you have the leeway to retain your tools of trade under Clause 151, but that does not include hire purchase agreement in respect of particular assets."
}