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 Would I be able to keep lease hire car in bankruptcy ?
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Bev.jp
Starting Member



1 Posts

Posted - 10 April 2013 :  23:14:02  Show Profile  Visit Bev.jp's Homepage  Reply with Quote
I have a car by lease hire, if I entered into bankruptcy would I still be able to keep my car

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 11 April 2013 :  07:47:57  Show Profile  Reply with Quote
Hi Bev,

It depends on the contract. If it's definitely a lease car and not a HP or conditional sale agreement, then the lease company may be happy with you to carry on.

You would need to justify the monthly cost to the official receiver, so if you absolutely need it for work and it's a reasonable amount, then you could be ok.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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