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 bankruptcy postbag for june
 help about a car!
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priti
Junior Member



United Kingdom
205 Posts

Posted - 07 June 2008 :  17:28:35  Show Profile  Reply with Quote
my parents bought my brother a car 4 years ago, i was sorting it all out as it was done online, the car was bought in my name and money went through me, however my mum and dad had given me the money for it, and everymonth they would pay the instalment.
i have never used the car although my name is on the insurance its only so we could get it cheaper.
few months ago i transfered it to my brothers name as quite a few times he was stopped and they kept asking this car is registered to a woman.
so i thought this would be a lot easier for him.
i'm worried that the or may want to take this car and it has abs nothing to do with me. Can they do this? The car is no longer in my name. Would the OR understand that this is not my car??
please help.

paddyuk
Junior Member



United Kingdom
210 Posts

Posted - 07 June 2008 :  18:29:08  Show Profile  Click to see paddyuk's MSN Messenger address  Reply with Quote
Hi. As far as i know the car is no longer registered to you. This means the OR cant touch it as its not yours. they only can if you sold it i believe?
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priti
Junior Member



United Kingdom
205 Posts

Posted - 07 June 2008 :  19:38:10  Show Profile  Reply with Quote
well i didn't sell it i changed the name over to my brothers as he is the rightful owner
oh i'm quite worried!
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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 07 June 2008 :  20:27:16  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Priti,

The OR will check the DVLA, and if a car was in your name, they will want to see that you received fair value for it and it was not a transaction undervalue. The argument you will need to make is the difference between registered keeper and legal owner.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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