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Bankruptcy questions

worriedsick · 2023-03-01 17:03:02

After months of worry, I finally applied and was declared bankrupt 2 weeks ago. I’m due to have ‘the telephone interview’ and was wondering how much depth I need to go into with the OR. Also, I took a cash advance on a credit card to help fund a business (solely in my husbands name) should I be honest about this? the aim…

1 March at 6:03PM in Bankruptcy & living with it

12 replies 454 views

Replies

1 March at 11:37PM

worriedsick Forumite
5 Posts

Newbie

1 March at 11:37PM

No, we were very unlucky, it was a second hand car bought privately and the engine blew and it wasn’t worth paying to have a new engine

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2 March at 12:38AM edited 2 March at 9:56AM

fatbelly Forumite
18.7K Posts

Forumite

2 March at 12:38AM edited 2 March at 9:56AM

So you sold it for scrap and that was what it was worth.

That was a market price for the car as it was at the time. That's fine. No problem. The answer is yes, we sold it at a market price

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