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just a few questions
cymru1_2
Posts: 16 Forumite
:Tafternnon all my husband is due to go bankrupt shortly the thing is he has been paying all his creditors token payments except the one for his car which he carried on paying but the c.c.c.s has told him the the car debt has got to go on the br, do i inform the company or do the or inform them.also how many copies of the br forms do he take to the court with him.;)
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Hi cymru1 Not sure about car more information needed, is it on finance?
His two copies of 6.27 and 6.28 and the Originals. His completed EX160 if applicable and any benefit letters as proof (dated within a month)
Best wishes
If...x"If wishes were horses, then beggars would ride"
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yes the car is still on finance,also (sorry to be a pain)how long after taking forms and fee in do you normaly get called in.;)0
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What do you mean by finance?
HP etc?
Or a car loan taken out to buy the car, but not actually secured on it?Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
yes the car is still on finance,also (sorry to be a pain)how long after taking forms and fee in do you normaly get called in.;)
Called in for what? The court hearing or the interview with the OR?
At most courts you go BR the day you take in the fees and forms. A few do make you come back, but that is the exception.
Assuming you go BR on the day, they usually you have a brief conversation via phone with the OR on the day or shortly after. Then perhaps a longer interview by phone some days or weeks later.
It does vary court to court and OR to OR, so you really need to ring up your court to find out how things are usually done in your area.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
the carloan is on a fixed sum agreement not sure if thats hp or not nothing on the agreement saying hp.sorry for the lack of info earlier ,i ment the hearing sorry.;)0
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If it's a fixed sum loan where the lender has no rights over the vehicle, then it goes into the BR as a matter of course.
The lender would not be able to take the car or take any action, but the car would be a potential asset as far as the OR/trustee is concerned.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
thank you for all the info .:T0
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