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T O P I C R E V I E W
moodybluetwo
Posted - 29 September 2014 : 17:31:36 My friend has been bankrupt for 7 months and was told that they could keep the car to carry on going to university. The car has been written off and a payment of £700 is to be made to them. Can they buy another car for the same amount or do they have to pay it to the Insolvency people?
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 29 September 2014 : 17:33:19 If the car is exempt then the payment can be used to purchase another vehicle, but they will need to inform the official receiver.