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 Hi,I need to go bankrupt

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T O P I C    R E V I E W
Becky.3 Posted - 21 June 2010 : 23:40:36
Hi,
I need to go bankrupt & am trying to work out what to do about my car. Have used various online valuations which vary from £1800 to £3400. How do I know what to tell OR?
2   L A T E S T    R E P L I E S    (Newest First)
gettingoutofdebt Posted - 22 June 2010 : 08:35:02
Have a look at the Parker's Guide online and put that figure down. The OR will also have a look at this and value the car from the site.

Normally the maximum value allowed for a car when you declare BR is £2000 so if the OR values the car at a higher value they may want to take the car and you will need to get one with a value lower than £2k.
debtinfo Posted - 21 June 2010 : 23:44:28
he OR usually uses parkers online guide

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