teddy Posted January 25, 2009 Share Posted January 25, 2009 I am thinking of putting my van into a small dealer for some modifications. How would I stand if the dealer goes bust while they have my van?. Would it become part pf their assests,or would I be safe ? Link to comment Share on other sites More sharing options...
BGD Posted January 25, 2009 Share Posted January 25, 2009 You'd be safe....at least in the sense that your motorhome remains your property in law; it would not be an asset of the Company, as assets are onlt things owned by that Company. It might take a little while to recover it from the Administrators....and it might still be in pieces if they were only part-way through the job on "Bust-Day", and you might have to pay them pro-rata for the work done on it up until "Bust-Day", but you wouldn't lose the motorhome. Link to comment Share on other sites More sharing options...
nowtelse2do Posted January 25, 2009 Share Posted January 25, 2009 You would have to prove your ownership though. Dave Link to comment Share on other sites More sharing options...
teddy Posted January 25, 2009 Author Share Posted January 25, 2009 Thank you for the replies. I was hoping that would be the case. I am thinking of using a new company in Glasgow but the site had previously been owned by another motorhome co. who didn't last long so I am a bit "will I ,or wont I " use them. But companied have to start somewhere,so fingers crossed :-D Link to comment Share on other sites More sharing options...
brayn Posted January 25, 2009 Share Posted January 25, 2009 Legality is one thing, but you may have to be "robust" in your claim. I have acted as an administrator on several occasions and sometimes possession is ten tenths. Link to comment Share on other sites More sharing options...
Brian Kirby Posted January 25, 2009 Share Posted January 25, 2009 See if they'll give you a written quote. Then you'll have evidence why the van was there, and the log book and insurance documents to prove who owns and insures it. If an administrator then tries to hold it, tell him you'll be back with a solicitor, at his expense! Link to comment Share on other sites More sharing options...
Clive Posted January 25, 2009 Share Posted January 25, 2009 Don't bugger about. Use an established and respected company. Let someone else be guinea pig! C. Link to comment Share on other sites More sharing options...
Clive Posted January 25, 2009 Share Posted January 25, 2009 Don't bugger about. Use an established and respected company. Let someone else be guinea pig! C. Link to comment Share on other sites More sharing options...
mike 202 Posted January 26, 2009 Share Posted January 26, 2009 Agree with Clive, go to an established dealer. You already have alarm bells ringing in your head or you would not have posted in the first place. So listen to them, all it may then cost you is a few extra litres of diesel to go to a main dealer. Take care especially in these troubled financial times. Mike Link to comment Share on other sites More sharing options...
docted Posted January 26, 2009 Share Posted January 26, 2009 Anne check your PMs. docted Link to comment Share on other sites More sharing options...
teddy Posted January 27, 2009 Author Share Posted January 27, 2009 docted - 2009-01-26 12:31 PM Anne check your PMs. docted PM sent. Link to comment Share on other sites More sharing options...
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