All Forums  New Questions  Forum Questions  Cars - an old chestnut!

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by MoneyFool[/i] [br]I'm currently getting my ducks in a row and preparing my petition/saving for fees. I have a question about my car- I'm pretty sure I will be allowed a car, i drive around selling in my job, but it's on dodgy ground for its value, in that it is worth about £1800-2000, and I am told and have read that the IS are allowing £1000 as reasonable. However, I was doing some late night reading of the IS guidance manual and it says something about only selling a vehicle and releasing the £1000 to the bankrupt if at least £500 can be realised towards the bankrupt's estate, after the associated fees the OR would have to pay, and the £1000 given to me to buy a new car....so it looks like a borderline case! Just wonder if anyone's had experience of borderline vehicle values or what the OR has to pay to have vehicles taken and sold etc. Obviously if it is likely I'd lose the car I may as well sell it before BR and buy something for £1000 and hope it lasts until I'm discharged! [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.