One thing to note is that the V5 is a record of the vehicle KEEPER. The keeper is not necessarily the owner. If the car was sold then it is likely that DVLA would have been sent the details to change the keeper details to the new keeper. An invoice would show who it was sold to creating a new owner. It's this difference between keeper and owner that complicates it. They may be the same person or not. Hopefully the Administrators would have paperwork re the sale ( invoice) as part of the paper trail to the money. Getting the money means a pecking order is applied, HMRC being usually the first in the queue. Anyone else gets a share of any monies that can be recovered. It can get very complicated and take a long time. Anyone trying to recoup money or iyems would need to go via administrators with all proof for the claim. I seem to remember a couple of TM members having similar when Sifab closed as they sent items to him for work to be done. I don't know if they recovered any though.
