does anyone know for sure whether you are allowed to keep your car when you are bankrupt, and to what value it would be considered an asset - or is there any circumstances in which you would be allowed to keep it?? as i am really worrying as it appears bankruptsy is going to be the only option for me, but i need my car for work and also am full time carer for my mum who is severly disabled, so my car is needed so i can get to my mums. can anyone help and give me advice??? thanks
hi pink a boo, as far as im aware, if the cars worth under about £2500 then the or will show no interest..if its worth more it would probably be worth selling and buying a cheaper one.....im sure the experts will give you solid advise but untill then i dont think im too far off the mark. hope this helps.