Myvesta UK FAQs

BANKRUPTCY

Question: HOW CAN I KEEP MY CAR IT IS WORTH £6000 i WAS MADE BANKRUPT ON 18 nOVEMBER 2009

Answer:  It will be the Official Receiver's decision if you can keep the vehicle or not; if you can show a need for it and the value is less than 2K, it may be OK.  Once you have gone bankrupt, your finances and any decisions on this are up to the OR, they may allow a family member or friend to buy out any value they see in the car.

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