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 bankruptcy postbag for april
 If I go bankrupt what will happen to my car

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T O P I C    R E V I E W
stacey.t Posted - 01 April 2008 : 22:41:16
I have a car on hire purchase and have paid exactly 2 years payments on it and have 2 years left. If I go bankrupt what will happen to the car its only a £5000 corsa nothing expensive
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melanie_giles Posted - 01 April 2008 : 23:27:26
Under the terms of the HP agreement you will probably find that it will end upon the making of a bankruptcy order against you, and be required to be returned to the finance company. How much do you still owe on the agreement and how much is the car worth?

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