Jump to content


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3690 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi all

I currently have about £80k worth of debt about to chase me, due to a failed business and the fact that I had personal guarantees on loans etc. Anyway I will almost definitely need to be looking at making my self Bankrupt and was wondering whether the following would be ok to do..... I have a Caravan on HP in my name and the current balance is £18k with 8years left to run, I have had a settlement figure from the HP company which is £10,800.00 and the caravan is probably worth about that anyway. Can my wife take out a personal loan in her name only for £10,800.00 to buy the caravan and then make a payment to them by debit card to clear the HP? Is this ok to do in the eyes of the OR as I will not be making money from the deal and I am not selling it undervalue? How do I then show that she legally owns the caravan?

Advice would be very much appreciated, thanks

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...