car in bankruptcy

milothewestie

if i kept a car in bankruptcy that is on hp,and ten discharged futher down the line,say after a year i decided i no longer wanted the car and give it back does the shortfall get put in the bankruptcy or not

dojoman

I would not have thought so.

fermi

In theory, yes.

BAAB has had to look into this I think. May be worth a PM.

milothewestie

fermi wrote: »

In theory, yes.

BAAB has had to look into this I think. May be worth a PM.

who is baab not sure what you mean fermi thanks for your reply good as always

blind-as-a-bat_2

Me:D

Sorry fermi, your cofuseing the enquiry re DLA and preferential treatmant, i made, i think and the conversation we had re the wording of the HP agreemant making it sound as if you would be liable for the shortfall even in BR, around the same time.



If i remember rightly we came to the conclusion as the origanal agreemant was before the BR, it was a pre BR liabilaty, so any shortfall would go into the BR regardless of when after the BR it may happen, or how the agreemant was worded, as they could not word the agreemant to get round the legaslation

fermi

blind-as-a-bat wrote: »

If i remember rightly we came to the conclusion as the origanal agreemant was before the BR, it was a pre BR liabilaty, so any shortfall would go into the BR regardless of when after the BR it may happen, or how the agreemant was worded, as they could not word the agreemant to get round the legaslation

So we did.

I remembered we had looked into something along those lines anyway.

One of those days.

sizzler

I would of thought if you continue with the agreement after BR it would not be allowed to go into your BR later as you have continued contract.

It seems a bit naughty to me:)

milothewestie

baab ah know who you are now thanks for the replys excellent as always and quickly:beer::T:T:T:T

dojoman

sizzler wrote: »

I would of thought if you continue with the agreement after BR it would not be allowed to go into your BR later as you have continued contract.

It seems a bit naughty to me:)

That is what I thought as well sizzler, you live and learn!

blind-as-a-bat_2

sizzler wrote: »

I would of thought if you continue with the agreement after BR it would not be allowed to go into your BR later as you have continued contract.

It seems a bit naughty to me:)

dojoman wrote: »

That is what I thought as well sizzler, you live and learn!

It should work the same way as a shortfall from a mortgaged property would, if after BR you gave up the house

sizzler

Thanks for that dojo.

Its like saying yes I want it then just because i dont want it ill put it in BR. I could understand company being really !!!!ed off if they have agread to let you keep the agreament after BR.

sizzler