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 scooter insurance due after bankruptcy

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T O P I C    R E V I E W
digman Posted - 22 September 2008 : 18:46:19
hi,
just wondered if anyone could help, have a scooter. insurance is due 13th oct but planning goin br on the 3rd. Have been told cant pay insurance by dd once bankrupt so will have to pay in full will i get in trouble with the or for doin this if i pay prior to br as wages dont go in my account till after the event.
5   L A T E S T    R E P L I E S    (Newest First)
Skippy Posted - 23 September 2008 : 15:25:48
Yes you will. Although I'd paid in full when I went BR I have an insurance allowance each month - sadly not enough any more, but I have got one!

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
JulianDonnelly Posted - 23 September 2008 : 15:25:38
Hi Digman,

That shouldn't present a problem.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
digman Posted - 23 September 2008 : 15:14:51
if i can afford to pay scooter insurance in full prior to br will i be allowed to put a amount on our expenditure form to save this money for next year premium
Skippy Posted - 22 September 2008 : 20:39:27
I pay my car insurance by direct debit - Churchill don't seem to have a problem with it as when they sent my renewal they offered me DD terms.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
John Posted - 22 September 2008 : 19:43:02
Hi
if you have the funds to pay in advance the OR will be fine with that. He may not be able to claim the money if you have used it for this purpose but it will free up the disposable you would otherwise have used on monthly payments.

Incidentally, I wouldn't assume that you would not be able to acquire a monthly credit arrangement even post BR, I did. The OR would not have a problem either.

www.Bankruptcyhelp.org.uk
0800 078 9367

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