All Forums  archive  Forum Questions  will the official receiver deem this as an asset ?

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by sharon.4[/i] [br]My mum many years ago financed a car for me (she took the loan) but I was the registered keeper and have been for over 8 years. However, due to personal reasons my mum had to leave the family home and never actually told the finance company where she had gone and cancelled the payments. The car was never repossessed and I never heard anything from the finance company (was a loan). Go forward to present day and now I am experiencing severe financial difficulties and will likely have to go bankrupt. Either way, can anyone have a legal interest in this car as technically it's not been paid for by me. I ran a HPI check and indeed it flagged as outstanding finance but the creditor has no legal interest in the vehicle. Car is now probably worth around £1500 though listed at market value of £2200. It is not worth that as I never had it serviced and has quite a few dents and scratches (none my fault!) - will the official receiver deem this as an asset of mine? [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.