What are the options for dealing with the property?
Within 3 years the trustee must: realise the interest (sell it to somebody)or apply for an order of repossession or sale, or apply for a charging order in respect of the value of the interest, or enter into an agreement with the bankrupt regarding the interest A minimum level of £1,000 has been set, below which any application for a charging order or order for possession or sale will be dismissed.