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T O P I C R E V I E W
charliebucket
Posted - 24 March 2009 : 18:14:47 My court date is Thursday 26th I am being forced into bankruptcy by a creditor I have already posted on this subject but am having further thoughts and worries. It has occurred to me that as I have no income obviously no IPO can be arranged however as I also have nothing in terms of assets etc except a car worth @ max £2K but which requires more than its value in repair work, I need the car to attend hopsital and therapy appointments which are now in another county as I have had to move in with my parents through the BR etc I am going to ask the OR to exempt the car as its necessary but given that they have nothing else to take from me at all and no money as I am not working at the moment due to ill health and having to resign my directorship as BR can not be directors, I am thinking perhaps they will take my car as a lesson or just because there is nothing else am I panicing too much or does that seem a likely move on the OR's behalf or is it actually not allowed as I genuinely need it the value is in effect £0 unless I am allowed to keep it as my family have agreed to pay for the repairs if I get to keep it. Getting more worried about Thursday and the inevitable interview/phone discussion as the hours pass. Any one have any experiences either way? John has already answered but I have since thought there is nothing else to take so would that make a difference?
2 L A T E S T R E P L I E S (Newest First)
charliebucket
Posted - 24 March 2009 : 21:08:40 Many thanks for your thoughts and good wishes Jsn x
Niobe
Posted - 24 March 2009 : 18:51:36 I would think that your car would be safe. You need it for appointments, it's not worth a vast amount and the OR won't take your car as 'a lesson'.
If you have nothing for them to take, then that should be the end of it. As long as you can prove that you need your car, then you should be ok.
Good luck for Thursday. I'm sure it won't be as bad as you think.
