if we was to be bought a car as a gift would webe expected to sell the car to go to paying the iva and do we need to let them know about new car

been in an iva for 3yrs in the final year we have been told that we have to remortgage.what would happen if we do not have enough equity in the property to do this.

when we went into the iva i werent self employed i was in a full time job that went into administration.

plasticdaft wrote:

Are you currently in an IVA??

yes been in it for over 2 years

hiya i am a self employed taxi driver and need to replace my car through finance or loan is there anyway this could happen.