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T O P I C R E V I E W
happyhousewife
Posted - 31 August 2011 : 22:58:18 Hi If my mum and dad were to buy me a car to use and it is in their name can it be taken if we go bankrupt?
happyhousewife
3 L A T E S T R E P L I E S (Newest First)
debtinfo
Posted - 01 September 2011 : 10:53:31 Of course you would need to make sure your insurance is filled out correctly
Skippy
Posted - 01 September 2011 : 08:30:51 I agree with Jan, providing the car is paid for by them (and this can be proved) then there shouldn't be a problem.
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side.
Niobe
Posted - 01 September 2011 : 08:26:00 Hi,
If the car is in their name I would think it would be ok.
Hopefully one of the experts can confirm later.
Follow through Make your dreams come true Don't give up the fight You will be alright 'Cause there's no one like you in the universe