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Can I get car finance if in an IVA?

10 years ago - Posted by

Struggling with debt?

Find out if you are eligible to write off unaffordable debt.

2 Answers

TAD Member

10 years ago

I’m at the end of my iva I’m self employed airport taxi company owner and I need to replace one of my vehicles by financing it can I

TAD Member

10 years ago

Borrowing money in any form without talking to your Insolvency Practitioner managing your IVA is something you really must not do.

It is likely that they will try and help you by talking to your creditors as you need a car for work and if you can’t work you can’t pay your debts back. Depending on who your IVA is with, you may find they can help you with the finance for the car.

Check out this question and answer as well as it may be useful: I need my car for work. Can I keep it with an IVA?

If you want to find out whether an IVA really is the best and most appropriate debt solution for you try contacting one of the trusted debt organisations listed on the site.

 

Popular IVA searches: free iva, iva companies, iva explained

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