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 i am thinking of going bankruptcy
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js1
Starting Member



1 Posts

Posted - 28 January 2009 :  16:33:44  Show Profile  Visit js1's Homepage  Reply with Quote
i am thinking of going bankruptcy but my wife is disabled and we are thinkikng of getting a motability car can we still get one after bakruptcy if we get one before bankruptcy what will happen nto it

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 29 January 2009 :  11:44:44  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Js1 and welcome to the forum.

It would entirely depend on the finance arrangement and who legally will own the vehicle.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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John
New Member



United Kingdom
73 Posts

Posted - 29 January 2009 :  20:08:04  Show Profile  Reply with Quote
Hi

in my experience the DWP own the vehicle and usually have it registered at the DVLA in both theirs, and the users, joint names.

Legal ownership lies with the DWP and therefore the vehicle is safe in the event of the users bankruptcy.

I do not know if the DWP have any ruling regarding applications to them for motability made by a bankrupt, perhaps you should check.

What I do know is if you buy / acquire before bankruptcy not only will you keep it but whatever funding you have to make towards the vehicle would be an allowable expenditure claim.

www.Bankruptcyhelp.org.uk
0800 078 9367
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