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owning cars and bankruptcy

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  • Merry_Gentry
    Merry_Gentry Posts: 3,627 Forumite
    Both H and I were allowed to keep our cars but neither of them were on HP. Mine is worth around £1300 and his is worth just under £3,000. We both work, and I put forward a case due to my bad back that I needed a vehicle, and his case was because he works quite a distance away.

    As long as you don't have a chunk of money in your name set aside for the car then you should be fine getting one after you go BR. If you start saving the money for that now, your OR might decide to take it off you.
    Get free advice before embarking on bankruptcy: CCCS 0800 138 1111 National Debtline 0808 808 4000
    Business Debt Line 0800 197 6026 CAB Insolvency Service- 0845 602 9848
    "He who laughs last didn't get it!" :rotfl:BSC 134

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