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Will they take my partners car?
werdna1
Posts: 1 Newbie
Hi everyone
I have had a good read of the boards and you all seem a really helpful bunch so im hoping you will be able to advise me on a query i have.
I am currently looking at the possibility of going bankrupt with unsecured debts of 21k but am concerned i may lose my partners car.
The car is registered in my name as i am the main driver and our insurance is cheaper this way too.
The car is however owned and was purchased by my partner, its current value is around £3500.00.
Should i even mention the car at my interview with the or since it is not owned by me?
We are not married and do not have joint accounts or any financial relationship what so ever.
If it were the case that i would lose the car i think i would probably just continue to get deeper in debt rather than lose my gf's prized possession.
Thanks for any advice you may be able to offer
I have had a good read of the boards and you all seem a really helpful bunch so im hoping you will be able to advise me on a query i have.
I am currently looking at the possibility of going bankrupt with unsecured debts of 21k but am concerned i may lose my partners car.
The car is registered in my name as i am the main driver and our insurance is cheaper this way too.
The car is however owned and was purchased by my partner, its current value is around £3500.00.
Should i even mention the car at my interview with the or since it is not owned by me?
We are not married and do not have joint accounts or any financial relationship what so ever.
If it were the case that i would lose the car i think i would probably just continue to get deeper in debt rather than lose my gf's prized possession.
Thanks for any advice you may be able to offer
0
Comments
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When you fill in your forms you out it in the section 'Do you have the use of a car belonging to someone else'.
As long as you can prove your partner paid for it there shouldn't be a problem, regardless of it being registered in your name.Accept your past without regret, handle your present with confidence and face your future without fear0
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