Wifes car/Hire purchase car

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ms0

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Post by ms0 » Mon Jan 14, 2008 8:38 pm
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Im applying for bankruptcy not my wife.Can they take her car??
I have a car on hire purchase i believe its worth less than i owe on it will they take it as part of the bankruptcy??
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MelanieGiles

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Post by MelanieGiles » Mon Jan 14, 2008 8:42 pm
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No and maybe to both questions, as the decision on the hire purchase vehicle will be that of the finance company and the OR depending upon their attitudes to this and the cost of the monthly repayments.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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