Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
I need a quick response regarding a query I have about car ownership and debt.
I currently have quite a large outstanding debt with various creditors, all unsecured, and have been on a debt management Plan for over 12 months.
I've had no real issues with my dmp, and I have been making regular repayments to all my creditors ever since.
Now, my Grandmother is very ill at the moment and she is currently looked after by my mother on a part-time basis.
My Grandmother has just agreed to buy me a car so that I can help out a lot more. This is due to me living some way away from her and my mother.
Now, my worry is that if there was ever an issue in the future between me and my creditors, as unlikely as this is as I am repaying what I can regulary and have no intention of ever not paying, that they could somehow take my car from me.
This would devistate me and my Grandmother who bought the car for me.
Now, I remember sometime ago asking about this and I was told that if my grandmother bought the car for me i.e. her name on receipt that it is irrelevant who is on the DVLA V5 document as that is only the registered keeper, not owner.
Is this true? .... Obviously if it is, then my creditors could not sieze the car through the Courts, nor could a Court as the owner of the car would be my grandmother, albeit that I am the keeper of the vehicle.
It is correct, the person whose name is on the V5 is the registered keeper.
It is, however usually a considered fact that the registered keeper is also the owner.
If your Grandmother is buying the car and therefore signing a receipt and/or other documents, then you should have no problem.
Car Question
Plan for over 12 months.
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