can I keep my average priced car in bankruptcy

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louise.k: Posts: 1; Joined: Tue Mar 04, 2008 12:21 pm; Location:

by louise.k » Tue Mar 04, 2008 12:22 pm

If you own a average priced car that is worth around £2000 and you use it for your weekend job and main job then will they let you keep it?

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by iva experts » Tue Mar 04, 2008 12:29 pm

Hi Louise,

Your car can be scrutinized, however in your case I dont think your car will be too much of a problem as its use can be justified.

Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/

MelanieGiles Industry Expert

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by MelanieGiles » Tue Mar 04, 2008 12:55 pm

I am sure that this would be acceptable for you to retain, Louise.

Regards, Melanie Giles, Insolvency Practitioner

Oliver: Posts: 1854; Joined: Sun Sep 11, 2005 12:15 pm; Location:

by Oliver » Tue Mar 04, 2008 1:39 pm

I agree that you would more than likely be able to keep this vehicle in Bankruptcy!

Best Regards
Oliver

4 posts Page 1 of 1