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T O P I C R E V I E W
jonty
Posted - 10 November 2009 : 11:05:10 hello! me and my wife are currently applying to go bankrupt i want to know will i loose my motorcylcle that i have, i bought it fron a dealer who supplyied me with a finace agreement i owe £5800 on my finance and the bike is worth about £3900,the problem is my bike is my only form of transport to and from work (i work all over the northwest)could i keep the bike and keep up my payments on it cheers jon
2 L A T E S T R E P L I E S (Newest First)
debtinfo
Posted - 10 November 2009 : 22:16:28 Is it a HP agreement of a fixed term loan agreement
theguvnor
Posted - 10 November 2009 : 11:19:16 there are people on here who have kept their vehicles on finance but this has only been with the agreement of the or - it may be that as you owe more than the bike is worth you find that they will not allow you to keep it (usually the limit for a vehicle is approx £2000 in value
