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 hi, ive a car worth about £7000
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barmeybrian
Starting Member



3 Posts

Posted - 05 March 2010 :  08:41:02  Show Profile  Reply with Quote
hi, ive a car worth about £7000. i got it by part exchange, small deposit and the rest is a loan/hp. will i have to give it up if i go bankrupt? many thanks. love the site...

ONK
Junior Member



135 Posts

Posted - 05 March 2010 :  08:50:03  Show Profile  Reply with Quote
I had to change my car for something of lesser value. £1500 to £2k seems to be the acceptable value limit. I would strongly suggest dropping a message to one of the forum experts, I dealt with Paul at Reviva and he was fantastic. I had to show the need for a car etc etc , I went BR in November , the car was exempted in January and i got early discharge papers last week.

Lyndsey
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