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My mother in law bought the car for us to help us get back on our feet and let me get to work. Will they take the car off me as it is worth about £2000 and I have been told they will take it if it is over £500.

2007-03-07 01:24:43 · 4 answers · asked by legylass 2 in Business & Finance Personal Finance

4 answers

Is your Mum's name on the registration document? If it is then they can't touch it 'cos it's not your property.

2007-03-07 01:32:55 · answer #1 · answered by Del Piero 10 7 · 1 0

It all depends on whether the car was put in your name or if she put it in her name. If it is in her name they can't anything. If it is in your name it depends on whether the bankruptcy was a chapter 7 or 13.

2007-03-07 01:34:46 · answer #2 · answered by scrow_80 3 · 0 1

probably

if its in your name they will take it because you are the registered owner

if its in her name you wouldnt have been able to insure it because she was the registered owner

can you prove sehe bought it, then you might be able to discuss it with your OR.

2007-03-07 01:36:41 · answer #3 · answered by alatoruk 5 · 0 0

if its registered in your mother-in-law's name they cant touch it and if its not do it now//and yes they can take it your informer was correct

2007-03-07 01:35:31 · answer #4 · answered by srracvuee 7 · 0 0

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