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Topic starter
13/10/2013 10:36 pm
Question to the experts. Basically my car is falling to bits and i need a new one. As you probably read in my previous post I'm discharged on the Aib website but still to receive form 5. My parents are going to give me a loan through their bank to buy a used car from arnold clark and i'll set up a standing order to pay the monthly instalments back to them. Since I'm discharged but my IP remains in office can i register the car in my own name without any implications? Thanks
14/10/2013 8:47 am
Hi sparky1.
Being the registered keeper of a vehicle is different to being the owner. That wouldn't be an issue even if you weren't discharged.
As you have been discharged from the trust deed I cannot see any harm in becoming the owner of the vehicle either.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
14/10/2013 9:43 am
Hi TDA, sorry I'm a bit dim...you know the be Veichle registration form that you have for you car can I put my name on that?
14/10/2013 10:51 am
Yes, if you are discharged then there are no implications for you.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
14/10/2013 11:06 am
Thanks Kevin.
