Creation

KimLyn

Hi,

We have a debt with Creation Finance which is included in our bankruptcy.

I have just looked at my Husband's car insurance and because he opted to pay monthly, this is also through Creation Finance.

What do we do?

freddy911

Was the policy taken out post BR? and whats the value of credit?

If your OR has allowed you to keep your car and pay the insurance then you will need to keep making these payments otherwise your insurance will be cancelled, this wont be seen as profering a creditior.

PippaGirl_2

Yes keep paying them the only creditors you can continie paying post BR are the ones where something is at risk so things bought on higher purchase etc. are fine and this would count too

KimLyn

Would Creation allow us to continue to pay monthy as another debt with them (store card) is included in the bankruptcy?

Worried they might say that because we have included the store card we have to include the insurance agreement also.

There is £333 outstanding on the insurance agreement but at the start it was just over £500.

KL

KimLyn

Still worried that Creation will cancel our insurance agreement as another debt with them is included in the BR.

Any other advice?

freddy911

Call them? I cannot see them cancelling the insurance payment out of spite. I had to deal with creation as part of my BR and they were perfectly resonable when I spoke with them on the phone. If your really worried about this give them a call then you will know where you stand.