|
|
 |
 |
FORUM |
|
> Browse and post on our forum |
|
|
|
 |
|
 |
|
Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!
|
| T O P I C R E V I E W |
| emily5 |
Posted - 20 March 2008 : 18:27:44
hi considering bankruptcy....problem is I got rid of my car and have been driving my sisters car although its her second car so she has registered it in my name so i could tax insure it etc,,, the car is worth 8k what will happen with this? don't want to go bankrupt then they take her car!
|
| 2 L A T E S T R E P L I E S (Newest First) |
| AlanO |
Posted - 20 March 2008 : 20:52:50
Hi Emily5
Fully endorse Bretts comments - key is the audit trail proving that your sister made the Purchase.
Even though you don't own the car you will be able to claim the running expenses in your income and expenditure statement
All the best alan
www.debtdr.co.uk |
| Helpful Advice |
Posted - 20 March 2008 : 19:28:28
Hi Emily5,
Welcome to the forum,
Just because a car is registered to someone does not make them the legal owner.
If you explain your position to your examiner and make sure you put on the statement of affairs form 6.28 that you don't own a vehicle, but are using one that does not belong to you.
If your sister can dig out any eviedence that the car is hers this will support what you are saying.
i.e. a purchase receipt for the vehicle, any finance contracts she may or may have had.
I hope this helps
Kind Regards,
Brett England
View my Blogs at:
http://HelpfulAdvice.blogs.bankruptcyhelp.org.uk/
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
|
|
|
| bankruptcyhelp.org.uk Forum |
© bankruptcyhelp |
 |
|
|
|
|
 |
|
|
|
|
|
