if we go iva can we keep our caravan?

Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1
 
 

whlyg

User avatar
Posts: 1
Joined: Mon Nov 24, 2008 10:24 pm

Post by whlyg » Mon Nov 24, 2008 10:24 pm
if we go iva can we keep our caravan?
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Mon Nov 24, 2008 10:29 pm
Hi, and welcome.

Not 100% sure, but I think you would be expected to sell it and pay the money across to the IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Lisa2009

User avatar
Posts: 5411
Joined: Thu Aug 16, 2007 12:17 pm
Location:

Post by Lisa2009 » Mon Nov 24, 2008 10:29 pm
Jan is correct, it would have to be sold.
Unless there are sufficiant grounds to keep it and it isnt worth a lot
Last edited by Lisa2009 on Mon Nov 24, 2008 10:30 pm, edited 1 time in total.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
 
 

c.j

User avatar
Posts: 271
Joined: Sat Apr 05, 2008 3:35 pm
Location: United Kingdom

Post by c.j » Wed Nov 26, 2008 6:44 pm
We kept our caravan. It wast worth much and would prove difficult to sell. Our family pay all the running costs for us so it doesnt cost us out of our budget.
Iva finished !
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9562
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom

Post by plasticdaft » Wed Nov 26, 2008 9:07 pm
I think it will depend on the situation and value. If you have bought a 12 berth beauty last week then it would have to be sold,if on the other hand it is a 15 year old box on wheels you may get to keep it given its relatively low value.
Is it of particular value??
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”