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nomoneyatall
Starting Member

13 Posts

Posted - 05 July 2011 :  23:58:10  Show Profile  Reply with Quote
Hi,

The car is not even worth more than £2000 if so.
My husband bought it for me few years back. He paid for it so doesn't he own it even though my name is on the log book? I have had mixed replies on this particular question and need to know as OR will need all this information. How do the OR do their checks on my assets?

I cannot afford to loose this car as it keeps me mobile especially now that i have left home due to separation and therefore living with friends and family until i get myself sorted somewhere permanent and look for work.
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RHB
Senior Member

1159 Posts

Posted - 06 July 2011 :  07:28:59  Show Profile  Reply with Quote
As you have written it, it sounds more like a gift ie. you are to keep it even after you have separated & all the paperwork is in your name etc. Remember no one on this forum can say for definite how the OR will view things. Obviously if you find work then that strengthens your case for a car in any case.
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nomoneyatall
Starting Member

13 Posts

Posted - 06 July 2011 :  10:37:30  Show Profile  Reply with Quote
If the car is a gift, how does the OR see gift as, it is an asset that they can take from me if for eg it was more than £3K?

If i find work within the one year i am declared bankrupt, will I have to make repayments?
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 07 July 2011 :  12:30:32  Show Profile  Reply with Quote
As RHB has said - nobody can say how your particular OR will react. If it is worth more than £3k though you might be expected to sell it and buy a cheaper car.

If you find work before you are discharged then yes, you will be expected to do an IPA if the disposable income is more than £20 a month.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
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