We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Car trouble

I know there's been a few threads concerning cars, so sorry, but I need help.

I became bankrupt at the end of august, everythings going well, and my payment agreement is affordable.

my problem is this.

during feb I pretty much destroyed my then g/f's car. she couldn't afford to repair it and as I owed her close to £2000 she agreed to pay me the difference of the market value of mine, approx £1500.

at the time bankruptcy wasn't an issue, then quite rapidly my financial status took a nose dive and after consulting the CAB and the National Debtline they convinced me to contact the local court regarding bankruptcy. I did and they then advised me it was the way to go.

so, i looked into it. then in july my g/f and I got married, obviously not the wedding she had hoped for but the best we could do, thanks to help from her parents.

the bankruptcy hasn't affected us too much, except now the OR is saying my wife has to make an offer for the car or we will lose it. it is our only mode of transport, we work in different directions from home so she has to take me to work, then go herself. most of all, she can't reliably get to work without a car.

what can we do? she has effectly paid for the car and the OR wants her to make an offer, they wont stipulate a figure.

will they accept anything? a low offer?

I feel so bad as 'my' bankruptcy affects her enough and it's nothing to do with her!!

help? any advice would be very much appreciated.

thanks

Steve

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I am assuming the car is worth about £1500. Have you had it valued recently? What evidence do you have of the accident and state of car and the transaction? How did you broach the OR about the matter of the car?
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.