question category: IVA

I have just finished my 5th year of my IVA and am just paying the remainder of excesses


i need a new car - if i borrow money off a family member to buy a car will the IVA people take this into account so deduct from the remainder of the money i owe ?

Can't find and answer? Ask a question

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Re: I have just finished my 5th year of my IVA and am just ...

The nature of IVA’s means they are individual contracts and without knowing the detailed conditions you agreed to it is impossible to advice you. Contact your IVA provider to discuss this further.

 

Re: I have just finished my 5th year of my IVA and am just ...

If you're considering entering into an IVA, Debt Advice Foundation provides a free, confidential helpline and can advise you on whether you qualify. Click here to find out more.

 

Post your own answer or ask your own question

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.

 

Our featured debt charity

Debt Advice Foundation

The Debt Advice Foundation offers:
 

  • Impartial advice
  • Debt solution to best suit your needs
  • Confidential helpline
  • Non-judgemental advice
  • No appointment needed