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Compensation - to spend or not to spend?

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Hi

Both myself and my hubby are going bankrupt at the end of this month, and last week he received a cheque for £1900 for compensation from a car accident he had about 18 months ago.
We are using £1000 of it for bankruptcy fees, which leaves the £900 -
do you think it would be ok to buy a new hoover out of this - or would this be frowned upon just before bankruptcy - ours has had it and we really could do with one. I would keep the receipt so the OR know where some of the money has been spent, and then the rest is there if he wants it towards what we owe.
Just after you thoughts on this please:rolleyes:

Jen

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That should be fine. It is an essential household item and he will have no problems with you paying the fee's with it.
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  • kazwookie
    kazwookie Posts: 14,244 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    HOw much is a new hoover? £150 or there abouts!!
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  • jmach
    jmach Posts: 31 Forumite
    thanks tigerfeet, its always nice to get a bit of reassurance!
  • Dez-Titute
    Dez-Titute Posts: 1,106 Forumite
    Part of the Furniture Combo Breaker
    Hi jmach,

    Cant see any reason why you can't get a new Hoover (sorry generic vacuum/vaccuam/vaccuuam cleaner)Sod it hoover

    Whilst you are at it 12 months tax ,12 months insurance & MOT,full tank of whatever,a big shop of essentials & whatever else you can spend it on.

    Hope all goes well DEZ
    The triumph of hope over experience

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  • jmach
    jmach Posts: 31 Forumite
    Cant see any reason why you can't get a new Hoover (sorry generic vacuum/vaccuam/vaccuuam cleaner)Sod it hoover

    Whilst you are at it 12 months tax ,12 months insurance & MOT,full tank of whatever,a big shop of essentials & whatever else you can spend it on.

    Hope all goes well DEZ

    Lol - thanks for that! now youve given me some ideas!!!
  • JCS1
    JCS1 Posts: 5,335 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If compensation is for physical/mental damage than the OR couldn't touch it anyway.

    if loss of earnings then they can.
  • Sunk
    Sunk Posts: 423 Forumite
    I was in a similar situation to you except I sold my car for £1,900.00.
    Like you £1000.00 for for 2xBR fees.
    The other was used for a cheap run around car & the rest I stocked up on house-keeping as bank accounts were to close & delay setting up a new one so the cash/food stock tied me over.
    BR 08/05/2008
    ED 29/10/2008
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