Hi ... we are now ploughing on with our plan which is threefold:
a) Find Rented Accomodation
b) Hand keys back into Mortgagor - sever liabilities for bills etc
and c) petition for our bankruptcy over the next few weeks once ensconced in our rented accommodation.
Just one question re : Bankruptcy.
We have two cars both of which are valued at less than £2500. My car is worth approx £1000 and is needed to ferry me to work and back each day - some 25 mile round trip each day. My partners car is worth a bit more at £1700 and is needed in her job as a Community Care Assistant ( involves home care visits and therefore car to perform the role )
Would the OR allow us to keep both cars in the above instance?
As long as you can prove that BOTH are needed and that you could not get by on one, then there should not be a problem. I'm sure they will enquire about transport links for yourself, so just fight your corner.
Question about Cars
Posted - 15 July 2008 : 21:32:36
