Note: You must be registered in order to post a reply. To register, click here. Registration is FREE!
T O P I C R E V I E W
Bear
Posted - 01 May 2008 : 16:52:12 Hello, I have just got confirmation from the OR that my car is exempt- can I now sell it?? If I do does the OR get anything? Do I have to let them know?
Thanks!!
3 L A T E S T R E P L I E S (Newest First)
Reviva UK
Posted - 04 May 2008 : 21:09:25 Just bear in mind that if you sell your car then your uncome & expenditure will change - i.e. no car tax, petrol, insurance, maintenance & repairs etc, - so in reality you actually may end up with an income payment agreeement.
Paul Johns Assisted Bankruptcy Specialists Reviva UK www.revivauk.com
JulianDonnelly
Posted - 04 May 2008 : 17:22:24 Hi Guys,
If the car is exempt property then you will be able to sell this, as it is outside the bankruptcy proceedings.
Posted - 03 May 2008 : 14:42:07 i also have a similar question- however we have just become discharged bankrupts and need to sell the car, or scrap it to get a new larger car
