trustdeed1
@trustdeed1
Reputable Member
Joined: Aug 30, 2010
Topics: 43 / Replies: 237
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RE: need to sell car before bankruptcy

I think we will just have to buckle down and do our best really, it's best for us too to get it all over and done with and if it means it's finished i...

12 years ago
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RE: need to sell car before bankruptcy

They have now came back and said he can carry on making payment for another 17mths (so trust deed would end Sept 2014 as originally agreed). Monthly p...

12 years ago
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RE: Childs DLA

So I should just put in the figures and then minus off the extra £100 a month for the likeliehood of extras we will need during the year?

12 years ago
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RE: need to sell car before bankruptcy

thanks, i'll send them a link to that and see if they have anything more to say but at the moment all they keep saying is we agreed to £5k at the outs...

12 years ago
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RE: Childs DLA

So it should be added in so they can see it but then not take any extra contribution from it. Like say now it shows my husbands extra income is £200 a...

12 years ago
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RE: need to sell car before bankruptcy

No, I don't really have any evidence other than parkers guide tells you what it would be worth now.

12 years ago
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12 years ago
Replies: 8
Views: 2105
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RE: need to sell car before bankruptcy

I did ask if they would consider discharging him with his debts but they gave a very round about kind of answer, like it's something they could do but...

12 years ago
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RE: need to sell car before bankruptcy

They have came back and said they will not accept a further 2yrs as that would mean the trust deed will have been running for almost 6yrs and the cred...

12 years ago
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RE: need to sell car before bankruptcy

Well I suppose that is encouraging that they may accept us paying over 2yrs then. I think that will have to be our next move then, suggesting paying o...

12 years ago
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RE: need to sell car before bankruptcy

Yeah I think it's because it's the 5k equity from the car that makes it harder, if it had been the main part then it might have been a bit easier in a...

12 years ago
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RE: need to sell car before bankruptcy

Hi, I'm not sure actually how much they would deem to be affordable as they wont take anything in to consideration as it is now. They say as the am...

12 years ago
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RE: need to sell car before bankruptcy

Hi Kevin, nice to talk to you again. So if they were going to make him bankrupt they would sell the car first and then do it and then another 3yrs of ...

12 years ago
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Replies: 21
Views: 3667
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