i need a new washing machine the only way i could afford one is to get it on finance if at all possible i was just wondering if this was at all possible as im on an iva i would appreciate your feed back many thanks
A better suggestion would be to ask your IP if you could forego one months IVA payments to fund the cost of the washing machine. This can then either be made up by increased payments, or at the end of the IVA.
It worked for me last year, if you see my blog I had an horrific time during the first couple of months of my IVA, I ended up a months payment in arrears due to boiler repairs and the need for a new washing machine. My IP was very understanding one payment was missed, boiler fixed and washing machine purchased. I paid an extra £60 per month from then on and finish paying my arrears in my February payment. Talk to you IP as suggested and I hope it's all sorted very soon x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Most IP's would accept a short payment holiday to allow for these unforeseen repairs/new priority purchases. Good luck
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
