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 Is car my asset or my wife's asset ?

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T O P I C    R E V I E W
Steven.86 Posted - 09 February 2012 : 20:39:09
im being made bankrupt by a company for £754 but i have more debt with other company's. the issue is with the car (value of around £6000), this car is in my wife's name, and always has been but i am the named driver and its insured for me only as my wife has a provisional licence only. my father bought the car and i have no money invested in it or its purchase, is it my asset or my wife's asset? she is in no way connected to the debt i have, it is all mine and in my name.
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debtinfo Posted - 09 February 2012 : 20:47:02
why did your father buy the car and is he around now, under what circumtances did it get given to you or your wife

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