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29 Aug 2002
The trustee, Louise Brittain, from Baker Tilley, hopes to sell the £1m home but has been told there would be a better chance of selling it if the Hamiltons vacated. The couple has so far refused to leave and are attempting to sell it themselves.
Sources close to the case told Accountancy Age more money could be raised by the sale. The source added that the trustees had the property valued at £1.25m, a higher price than so far offered. Before selling, the trustee is believed to be investigating claims by Hamilton's lawyers on the home.
The source explained: 'The trustee must clarify the position of the lawyers because Hamilton charged the lawyers' fees against his house and the trustees are contesting that.'
Hamilton previously contested possession of the house saying it was in the name of his wife Christine, who is not bankrupt. But it was later proved the house belongs to the former MP.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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