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 Would I be able to keep lease hire car in bankruptcy ?

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T O P I C    R E V I E W
Bev.jp Posted - 10 April 2013 : 23:14:02
I have a car by lease hire, if I entered into bankruptcy would I still be able to keep my car
1   L A T E S T    R E P L I E S    (Newest First)
Viki.W Posted - 11 April 2013 : 07:47:57
Hi Bev,

It depends on the contract. If it's definitely a lease car and not a HP or conditional sale agreement, then the lease company may be happy with you to carry on.

You would need to justify the monthly cost to the official receiver, so if you absolutely need it for work and it's a reasonable amount, then you could be ok.



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

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