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 Can a fixed sum loan be included in bankruptcy ?

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T O P I C    R E V I E W
Isobel Posted - 06 January 2012 : 20:56:18
hi i have a fixed sum loan from barclays partner finance i took it out for my daughter and i am now facing bankruptcy i have been adivsed that this can be included in my bankruptcy and keep the car is this correct ? help
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Viki.W Posted - 07 January 2012 : 08:41:01
Yes, a fixed sum loan can go into the bankruptcy, but the official receiver will want the car from your daughter unless she has paid all costs and monthly payments.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/

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