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Fiancee personal loan, car finance
viarus
Posts: 1 Newbie
Hello, I declared bankruptcy in February and my car was taken by finance company.
We have two children and we are all included in the SOA, my question is - can my fiancee take a loan? car finance? buy car on her name and I will only be a registered keeper? will the OR have a problem with that? after buying a car, can I update my expenses with OR and including there car expenses?
Thanks
We have two children and we are all included in the SOA, my question is - can my fiancee take a loan? car finance? buy car on her name and I will only be a registered keeper? will the OR have a problem with that? after buying a car, can I update my expenses with OR and including there car expenses?
Thanks
0
Comments
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As long as you fiance is not bankrupt, they can do as they wish.
Best to keep everything in their name for the time being.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
as sourcrates has said
however, as all under SOA, is financing another vehicle at this point, 6 weeks after bankruptcy a good idea, regardless of who's name it is in?0 -
Post #4 reported - if only for their abuse of the English language.Unlike some here, I am not omniscient. If I am wrong correct me. I won't take offence.
The law is like an ocean - have a swim but don't drown.0
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