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Posted: Wed May 16, 2007 1:30 pm
by di.
I have just been declared bankrupct. I have included HP for a washing machine I purchased with extended insurance. I have repayed say 3/4 of it. Would you know if the extended insurance would still be valid once they are informed that I am bankrupct??
Thanks.
Posted: Wed May 16, 2007 2:45 pm
by Oliver
I doubt the extended warranty / insurance is still valid as you will not have paid it in full. I must admit that I have never come across this before though so am happy to be corrected by the other experts.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Wed May 16, 2007 3:09 pm
by coco
Hi (I am BR) My car is on HP and as long as i keep the insurance payment then mine is valid, if you are paying this monthly then include it on your expediture which may or may not be allowed by the OR.
(I apologise for my keyboards poor spelling and grammar)
http://coco.blogs.iva.co.uk
Posted: Wed May 16, 2007 3:28 pm
by Oliver
I thought that DI was suggesting that she was including the money outstanding for the insurance in her bankruptcy which is why I though it would become invalid. Am I correct in thinking that you are NOT continuing to pay this?
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp