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
craigd2
Posted - 09 July 2009 : 21:22:44 Bankruptcy and car HP - we are considering going BR, we both work and need the cars for employment as work is 12miles away, one of the cars is on HP, would it be seen as preferentical treatment of a creditor if we paid off the HP ?
2 L A T E S T R E P L I E S (Newest First)
Niobe
Posted - 10 July 2009 : 18:07:29 It may be seen as preferential treatment. You may find that depending upon the value of the car, you have to sell it anyway and buy a cheaper one.
The glimmer gets brighter all the time
Jan xx
debtinfo
Posted - 09 July 2009 : 22:42:20 do you mean before the bankruptcy or do you mean carrying on the payments once you are bankrupt