does an iva cover hpi car agreements

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jane1

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Post by jane1 » Mon Jun 11, 2007 6:40 pm
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does an iva cover hpi car agreements or just loans, overdrafts & credit cards??
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Storm

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Post by Storm » Mon Jun 11, 2007 6:47 pm
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It doesn't include HP agreements.
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Adam Davies

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Post by Adam Davies » Mon Jun 11, 2007 8:18 pm
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Hi
Just to add to Storms comments.
You can enter an IVA and still pay your HP with the full knowledge of your creditors.Once your HP is concluded you can pay the money that you were paying for HP into your IVA.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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iva_squirrel

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Post by iva_squirrel » Mon Jun 11, 2007 11:39 pm
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Hello Jane,

There are some debts which are not suitable for an IVA, these are normally debts which are secured against property or vehicles, such as:

Mortgages
Hire Purchase payments
Other debts such as Rent
Fines (such as parking offences)

This debt will normally have to be paid and provision for the repayment of these debts will be made separately from your IVA.

Kind regards,



Julia Simavi

Shortlisted for Best UK Debt consultant by Credit Show 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

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Last edited by iva_squirrel on Mon Jun 11, 2007 11:40 pm, edited 1 time in total.
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