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jayrob
Junior Member
United Kingdom
194 Posts |
 Posted - 21 April 2008 : 21:30:15
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rob is filing tomorrow and i am now stressing my head off, worried about losing our car, which is a renault grand espace approx value 3100 we have 4 kids so need a 6 seater car and also rob needs it to get to work. Also can anyone tell me if the or sends people to your home.
many thanks and I hope i can get some sleep tonight
jayne |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 21 April 2008 : 21:47:06
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Hi jayrob
the value of this is well above the allowed level of 2,000 - 2,500. However you may want to check the value on Parkers guide and print off what it says the value is for an average condition car & adjust the mileage for yours.
I too have 4 children and we are destined to always drive a van. You have to have 6 seats to go anywhere legally so there may be some leway here.
If the OR suggests that the value is higher than he would allow you may be able to negotiate "buying" the excess value back from any disposable income over a few months.
Good luck tomorrow
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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jayrob
Junior Member
United Kingdom
194 Posts |
Posted - 21 April 2008 : 22:02:03
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ty for that. Rob has also put on the form that we are joint owners as I have recently paid £2200 in repairs for the car and pay towards the upkeep. Do you think this will make a difference. if not would I be able to purchase the extra £600 from the or. The £3100 was from parkers guide. If they do take it how much would rob get back to buy another 6 seater car? Also do they send people to your home?
Cheers
jayne |
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AlanO
Junior Member
United Kingdom
259 Posts |
Posted - 21 April 2008 : 23:39:02
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Hi Jayrob,
It is all down to negotiaion with the OR - the norm would be that if the car is essential then the question is - is the value appropraite - If not then the OR will offer the opportunity for the difference to be covered - on occasions payments for my clients have been spread over a number of months.
All the best Alan
www.debtdr.co.uk |
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melanie_giles
Senior Member
1191 Posts |
Posted - 22 April 2008 : 00:43:59
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I am sure that your car will be safe - given the need for a large family vehicle.
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 |
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Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 22 April 2008 : 08:00:30
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Hi Jayrob,
Some good advice regarding the vehicle.
To set your mind at ease no they will not visit your home.
Good Luck.
Kind Regards,
Brett England
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
View my personal story & blogs at:
http://brettengland.blogs.bankruptcyhelp.org.uk/ |
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filing
