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Bankruptcy, Repossesion & renting, i'm confussed!!.
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We don't have anything over £1k.
We would estimate the car to be about £2K, Are they likely to take this?
They may well do so, yes.
They will give you money back to buy a cheaper car if a car is 'needed'. You may have to prove its a need rather than a convenience.
Have a look HERE, it will give you a better idea of the used price.The first time we said hello, was the first time we said goodbye. As the angels took your tiny hand and flew you to the sky-you forever left us breathless. RIP my beautiful granddaughter
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betterlatethannever wrote: »They may well do so, yes.
They will give you money back to buy a cheaper car if a car is 'needed'. You may have to prove its a need rather than a convenience.
Have a look HERE, it will give you a better idea of the used price.
Thanks for that, we just worked out using the link you gave, the car is only worth between £975 and £1375 if it were sold privately. Hopefully they wont want this then!:j0 -
There is a lot more on how the OR will decide what happens to your car (if anything) here:
Link: Cars and Bankruptcy
That info is also very handy if you are looking to put a case together for the car being "essential".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 -
Great. They may still want to take it, but the less its worth the less chance of this happening.The first time we said hello, was the first time we said goodbye. As the angels took your tiny hand and flew you to the sky-you forever left us breathless. RIP my beautiful granddaughter0
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Aaah BLTN...is that a new avatar???....what a sweetie!!!0
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My puppy, before she grew large teeth:rolleyes:So_Sad_Angel wrote: »Aaah BLTN...is that a new avatar???....what a sweetie!!!The first time we said hello, was the first time we said goodbye. As the angels took your tiny hand and flew you to the sky-you forever left us breathless. RIP my beautiful granddaughter0 -
Thanks Fermi, i have had a look and my wife does need the car for her employment, she is a community care assistant and has to travel to peoples houses accross our county to help care for disabled children, hopefully this will help to exempt the car.0
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Thanks Fermi, i have had a look and my wife does need the car for her employment, she is a community care assistant and has to travel to peoples houses accross our county to help care for disabled children, hopefully this will help to exempt the car.
Sounds like a very good chance then.
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 -
I too need a car, im a burglar specialising in country houses, absolute nightmare to get to after dark on local buses....
"Dear Mr OR..................."
lol0 -
Thanks for everyones help, we really appreciate it, its god to know we are not alone.
We are just now waiting for the letting agents to get back to us following all the checks that they do, i hope it goes through ok as we relly like the house we have seen.
Heres hopeing:D0
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