do you get to keep your car/van

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alan p

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Post by alan p » Thu Aug 14, 2008 11:57 pm
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under an IVA arrangement, do you get to keep your car/van (mine is still on HP)
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MelanieGiles

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Post by MelanieGiles » Thu Aug 14, 2008 11:58 pm
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Hi alan and welcome to the forum

So long as the vehicle is of modest value and the HP payments are reasonable, there should be no problem with you keeping your van.
Regards, Melanie Giles, Insolvency Practitioner
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size5

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Post by size5 » Fri Aug 15, 2008 12:00 am
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Hello alan_p and welcome.

Generally the answer would be yes, and sufficent allowance would be made for this expenditure, but as each case is different then you would need to provide a few more details before a definitive answer could be given.

Regards.
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23+ years in debt advice
I do not post for anyone other than myself

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