Im thinking of applying for bankruptcy..both for myself and partner,im unemployed due too redundancy a few months back,probably wouldnt be working for the next few months due too skin condition. Question is would my (family car) be taken..its a 1998 Galaxy worth £1500 approx.
Either on the forum with some of the experts to the left. You can also speak to the local CAB and organisations such as CCCS - all free.
The car is less that the OR is generally prepared to accept - that tends to be up to £2K. There may be a need to demonstrate that you need a car - transporting childrenm, sick family - job interviews etc - if you are in a rural area.
If you need a car for work or to look for work or there are medical reasons that you need a car to get around it is normall for the OR to exempt a car worth less than £2000 o you should be ok. I would also recommend having a free no obligation chat to one of the forums professional forum experts link on the left of the page
Dave
Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurhman) RevivaUK and Paul Johns helped me through it all i can't recommend them enough!!
Thanks guys...thats put my mind at rest for now at least. Been too Money advice centre (every creditor bar one ignored them) and seen CAB who said that this is realisticly my only option,big debts..not working and wont be for a while.
Will speak too one of the experts and see what they say.
Im thinking of applying for bankruptcy..
Posted - 11 June 2010 : 17:18:46
