HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 bankruptcy postbag for june
 Your car in BR
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

Trolly-Dolly
Average Member



591 Posts

Posted - 23 June 2008 :  21:04:54  Show Profile  Reply with Quote
Just a couple of questions regarding our car. Its owned outright and if I had to value it, in all honesty I would say £2500. I know that is a coincidence, but I have just looked on Exchange & Mart and Autotraders websites to try and value my car and I'm sort of spot on. Most have their cars on there for about £2700. I'm guessing that when knocked/haggled down this would be about £2500. Mine needs a couple of jobs doing on it which would lower the price, however it also has a twin sunroof which would then higher the price making it about even.

How does the OR value your car?

If they value it over £2500 then I understand that if I am allowed to keep it (I think they will due to my shift work and young family), then I can pay the difference over the £2500. How long do I have to raise these funds? I would need at least two months to raise say £500.

Any help appreciated.

melanie_giles
Senior Member



1191 Posts

Posted - 23 June 2008 :  22:35:23  Show Profile  Visit melanie_giles's Homepage  Reply with Quote
The car is borderline whether you will be allowed to keep it or not. I have seen cars taken for this amount and left - so there is no real consistency. to stand the best chance of being allowed to keep it, make sure the OR knows of your need to have a reliable car to get to and from the airport, which cannot break down if you are driving on your own during the early hours - from a personal safety point of view.

For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06