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 Will I be able to keep my car ?

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T O P I C    R E V I E W
Mazz Posted - 03 November 2011 : 15:15:21
My bankruptcy petition is in progress. My income is state pension & pension credit. I live in a very rural area. Will I be able to keep my car which is worth about £400 ?
4   L A T E S T    R E P L I E S    (Newest First)
memphisd56 Posted - 04 November 2011 : 12:23:08
Hi. My o/r was going to take my car, valued at £500!..until i said i needed it to get to hospital. I was then asked if that was a distance issue, or a medical issue...to which i replied `Medical`, i was then allowed to keep the car!.

All ORs` are different...in my case, i had to prove that i needed it, whilst others have just been allowed to keep it.

Just passing on my own experience in this matter...hope it helps!.
glafy Posted - 04 November 2011 : 12:02:29
Hi Mazz & Welcome.
Can I recommend the co-op cashminder account. The OR's are aware of these accounts and will not freeze them as they are for your day to day wage/bils/DD's etc.
There are other bank accounts available ie barclays, We used & still use, our cashminder accounts with no problems.
Hopefully someone will be along to give you some more advice soon.


"Good things come to those who wait".....I'm a patient person but this is taking the Mickey!!
Mazz Posted - 04 November 2011 : 11:29:18
Thanks Donna, the first person I spoke to at the firm dealing with my BR told me I could keep the car, bank A/c (basic NatWest step) & internet. When it was passed on to the next stage I got the exact opposite info. Do these people say things just to get you signed up & get your money ? I dread being totally cut off in the middle of nowhere !

ddonna Posted - 04 November 2011 : 08:40:12
Hi,our car was worth £1000 and we were allowed to keep it.I think a car worth £400 is not going to be of interest to the OR and plus with you living in a rural area it should go in your favour...thats my opinion but im sure an expert will be able to tell you for definate
good luck x


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