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Becky.3
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1 Posts

Posted - 21 June 2010 :  23:40:36  Show Profile  Visit Becky.3's Homepage  Reply with Quote
Hi,
I need to go bankrupt & am trying to work out what to do about my car. Have used various online valuations which vary from £1800 to £3400. How do I know what to tell OR?

debtinfo
forum expert



2826 Posts

Posted - 21 June 2010 :  23:44:28  Show Profile  Reply with Quote
he OR usually uses parkers online guide
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gettingoutofdebt
forum expert



2418 Posts

Posted - 22 June 2010 :  08:35:02  Show Profile  Reply with Quote
Have a look at the Parker's Guide online and put that figure down. The OR will also have a look at this and value the car from the site.

Normally the maximum value allowed for a car when you declare BR is £2000 so if the OR values the car at a higher value they may want to take the car and you will need to get one with a value lower than £2k.
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