bankruptcy questions

adlah

Hi everyone just hoping someone on here ccould answer a few questions for me?
Firstly I was involved n a car accident and am due some compensation what is the score with what happens to the money if I receive it post and prior to me completing my bankruptcy
Secondly I have a car on hire purchase but the agreement is in my mothers name. I make the payments from my account. According to the law who owns the car?

confuzzled2012

If you go bankrupt I doubt you'd be able to include the payments for it in your SOA, I don't know for sure but i'm sure i read if the car is not registered in your name you can't claim the expenses for it, petrol, maintenance etc etc.

adlah

Thanks for that. The problem may be that the payments cease in september. as the credit agreement is with my mother but i am the registered keeper. legally who is the owner?

also can anyone shed some light on the accident claim pay out i may receive?

mysterio_2

adlah wrote: »

Thanks for that. The problem may be that the payments cease in september. as the credit agreement is with my mother but i am the registered keeper. legally who is the owner?

also can anyone shed some light on the accident claim pay out i may receive?

accident compensation...your allowed to keep pain/suffering if you work & had any days off sick paid with this accident the receiver will claim that back

the car? if you have all the paperwork to say mum bought the car then it should be fine..being the registered keeper dont always mean you bought the car as well...