hmrc distraint

[greyone]

just wondering if anyone knows im going to court tommorow for bankruptcy,two weeks ago hmrc sent in an afficer to my house and they put a distraint walking possesion on my car,which now the auctioneers are going to come and pick up on thursday.if i get my bankruptcy order tommorow will they be able to take the car?

Edited October 8, 2012 by greyone

[42man]

I am not 100% sure but from the date you are made bankrupt then it would be considered an asset, and would need to be sold and any money realisation would be shared out between creditors...

[greyone]

my car is worth only £200 will they still sell and also hmrc are also trying to distraint my husbands car which they are saying is mine.which it isnt he has logbook purchase of sale and receipts in his name the only thing in my name is car insurance policy and hes named driver,can they take his car as he is no longer with me and they are saying as im the policy holder its classed as my car.im so stressed about the situation i dont know what to think anymore.

[underdog13]

I'm so sorry to hear about your problems, Greyone.

 

I was told by the CAB that if a car isn't worth much, the body handling the bankruptcy case don't bother with it - don't know how accurate that is, but that's what CAB said.

 

Has HMRC forced you into bankruptcy? If so, it might be worth going to the press with your story.