We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Buying a car before bankruptcy?
Options
Comments
-
I have never known an examiner allow car finance as an expense.:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
-
Have seen a few, but would only be where:
- There is no excess releasable value in the vehicle as an asset to the OR
- The finance company is happy for it to continue
- The cost per month is reasonable, compared to what essential transport expenditure would have to paid out for another option.
It's always going to be a bit of a stab in the dark as to whether the company/OR etc will be OK with 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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards