Help me please

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s.j

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Post by s.j » Fri May 04, 2007 9:48 pm
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Help me please, i have a loan for £8243, mastercard for £8393, Visa card £15 and car loan of £7260, i need my car for work but can not afford to continue to pay for the other loan and mastercard (totaling £505 a month at the mo) with all my other bills i need to pay. please help, can i go down the IVA route and keep my car?
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Storm

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Post by Storm » Fri May 04, 2007 9:50 pm
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Is the car on a hire purchase agreement ?
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MelanieGiles

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Post by MelanieGiles » Fri May 04, 2007 11:16 pm
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Hi sj and welcome to the forum

Please answer Storm's earlier question, but I do not believe that you have sufficient creditors in number to propose an IVA. Is the Visa Card of £15 a typing error? And could you list out the names of the creditors against the amounts owing.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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