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is my car considered an asset if its under my parent's name? ♥ inaina Mexico 45 posts
12th Jul '13

i'm looking up the eligibility requirements for government aid here in michigan. does anyone know if my car counts as an asset if its not technically mine by name? my parents own it and still make the payments for it, but its basically mine.

JΔS Georgia 74545 posts
status 12th Jul '13

It's your parents car, you're just driving it.

Jessica & Kaleb 1 child; 1 angel baby; Massachusetts 4840 posts
12th Jul '13

no if its in there name dont list it... especially in this situation where ur tryin to get help u want as little assets as possible

taking a look at life Palm beach gardens, FL, United States 49101 posts
12th Jul '13
Quoting ♥pau:" i'm looking up the eligibility requirements for government aid here in michigan. does anyone know if ... [snip!] ... as an asset if its not technically mine by name? my parents own it and still make the payments for it, but its basically mine."


Nope because its in someones else name if u fault on something they can not take it because its not urs so to speak.



I told my case worker i had a car but it was in my moms name so they never had me add it.

A & T + 2♡ 2 kids; Kansas 19173 posts
12th Jul '13
Quoting Jas ♥:" It's your parents car, you're just driving it."


:!: Mhm.

MunchkinWrangler 4 kids; Rīga, Latvia 46840 posts
12th Jul '13

Having a car won't affect your eligibility anyways. They won't expect you to sell your car to pay for things because then you couldn't work. Just like they won't consider you having a house an asset, because you need a place to live. I think it's more looking for assets that you don't generally need. Like maybe MULTIPLE cars, or multiple houses, boats, motorcycles maybe..... things that aren't necessary to get by that you could potentially sell for help in times of need. Don't worry about it.

Madi's*Mama Due November 2; 1 child; Holland, Michigan 7391 posts
12th Jul '13

<blockquote><b>Quoting MunchkinWrangler:</b>" Having a car won't affect your eligibility anyways. They won't expect you to sell your car to pay for ... [snip!] ... things that aren't necessary to get by that you could potentially sell for help in times of need. Don't worry about it."</blockquote>




!!!!

taking a look at life Palm beach gardens, FL, United States 49101 posts
12th Jul '13
Quoting MunchkinWrangler:" Having a car won't affect your eligibility anyways. They won't expect you to sell your car to pay for ... [snip!] ... things that aren't necessary to get by that you could potentially sell for help in times of need. Don't worry about it."

not true my husband and I have a van and motorcycle listed on my case.

taking a look at life Palm beach gardens, FL, United States 49101 posts
12th Jul '13
Quoting MunchkinWrangler:" Having a car won't affect your eligibility anyways. They won't expect you to sell your car to pay for ... [snip!] ... things that aren't necessary to get by that you could potentially sell for help in times of need. Don't worry about it."

not true my husband and I have a van and motorcycle listed on my case.

♥ inaina Mexico 45 posts
12th Jul '13

thank you guys so much! i figured just as much. only reason i ask is because it lets us have only one car per household but neither mine or my bf's car is technically ours...

JΔS Georgia 74545 posts
status 12th Jul '13

<blockquote><b>Quoting Click Me Click Me!!!:</b>" not true my husband and I have a van and motorcycle listed on my case."</blockquote>



She said it won't AFFECT her eligibility. She didn't say anything about them not being listed. College isn't doing anything for you, I see.

MunchkinWrangler 4 kids; Rīga, Latvia 46840 posts
12th Jul '13
Quoting Click Me Click Me!!!:" not true my husband and I have a van and motorcycle listed on my case."


And your point is?
Having something listed on your case doesn't mean you became ineligible for the aid. It just means it's listed as an asset. Yes, a car is an asset, but you need it to get to work so it won't effect your eligibility.

penispenispenisVAGINA 4 kids; Idaho 7110 posts
12th Jul '13

No it isn't your car so you don't list it. The application wants to know YOUR assets. What YOU have to your name.

MunchkinWrangler 4 kids; Rīga, Latvia 46840 posts
12th Jul '13
Quoting ♥pau:" thank you guys so much! i figured just as much. only reason i ask is because it lets us have only one car per household but neither mine or my bf's car is technically ours... "



Well it's not an asset if it's not in your name because you can not sell it to make a profit. It's not YOUR car or his car. Don't list it. If they ask how you get to work, let them know that your mom lets her use her car as long as you pay for insurance/gas.

♥ inaina Mexico 45 posts
12th Jul '13

okay, thank you ladies :)