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T O P I C R E V I E W
mt01
Posted - 22 April 2008 : 22:35:56 I sold my classic car a three months ago for £2,250 market value being £2,800 and now i am in a position where bankruptcy looks like my only option, would the court have any right to seize it?
2 L A T E S T R E P L I E S (Newest First)
melanie_giles
Posted - 22 April 2008 : 23:29:35 Why was the car sold at less than its market value?
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com
Reviva UK
Posted - 22 April 2008 : 23:07:01 Hi mt01
regarding the car provided it was done legitemately with documentation it would be OK. Classic cars are notoriously difficult to value and you are probably just on the verge of an under value transaction. Also extremely useful if you can demonstrate how you were paid and what you have done with the money.
Did you sell the car to a friend or was it advertised and achieved a market value on its own?
Why do you believe you should be looking at br? Perhaps you could post more information so we can help
**** sorry I have added additional script because my computer froze midway through positing - sorry *** Paul Johns Assisted Bankruptcy Specialists Reviva UK www.revivauk.com
