my husband and i own a Morris Traveller in very poor condition. It isn't road worthy and is little more than a 'project' for future. Similar condition travellers are on ebay for up to £300. My husband has been made bankrupt and initially The Trustee valued the car at £4K and on seeing photos now between £2 and 4k. This is a silly valuation as the car is not road worthy and needs that sort of money spent on it to make it worth £4k. My question is this - if I make an offer for what we believe the car is actually worth and the Trustee refuses that offer can they then sell the car for less than i offered? My worry is having offered a current market price they may think they can get more in auction which wouldn't be the case.
my husband and i own a Morris Traveller in very poor condition
Posted - 01 February 2013 : 19:51:45
