UpToMyNeckInIt wrote:

You might be able to keep your car, but just pay the Monthly £26 difference from savings on your other allowances? Speak to your IP to discuss. Good luck.

I can not downgrade so they have just added 12 months onto iva which I'm happy with all was approved

I've just started an iva was approved last week I also have a car on finance and was told by the iva company my car would be fine as it's a secured debt after I started the process 3- 4 weeks ago I looked through my car finance paperwork and found a few clauses I phoned my iva company and was advise...

Thanks everyone. I've again spoken to both car finance company have written me an email and sending a letter stating it's a fixed agreement, cost details and over how many months and no altercation to figures can be made he also said on the phone which wasn't said to me earlier that there is a way t...

I can't see you getting further or extended credit for your car. You will probably get into further debt with the finance company if you decide to surrender the vehicle due to them adding surrender costs. I would suggest you get your car company to give a surrender notice showing fees if you give u...

My creditors meeting was this morning got a call just after one to say it was approved but they want me to down size my car as I pay £276 for my car a month n they only allow max £250 if I can provide proof I can't down size then they will add another year onto the iva. I phoned my car finance compa...

Hope you don't mind me asking but which company are you with? I'm ome month into an IVA and dreading a letter about the car being taken! I'm with Northridge, thanks! My car finance is with motonovo. My ip is Hanover insolvency. As long as I'm not declared bankrupt my car is fine have had full confi...

Hope you don't mind me asking but which company are you with? I'm ome month into an IVA and dreading a letter about the car being taken! I'm with Northridge, thanks! My car finance is with motonovo. My ip is Hanover insolvency. As long as I'm not declared bankrupt my car is fine have had full confi...

Thanks foggy
My main creditors are
Aqua £4500
Vanquis £4000
Natwest overdraft loan and cc £3600 total
Very would be 4th with £2400
But there is 11 creditors all together but natwest are 3
Pounds to pocket £1500
Provident £1600
And the others are under £1000
Total debt is £20k

Wonder if anyone can give me some advice or experience. I've just read some reviews that creditors have voted no if a catalogue has been used in last 3 months I've just checked and I used very in June for the amount of £46 Before that was over 3 months ago. Will it be refused because of this? Anyone...

I'm so worried and stressed my iva won't be accepted. Since I started working full time a year n half ago my finances got out of control I've even kept it from my husband, I've been so stressed my body had taken it's toll hair loss/ medical problems an I'm only 32. My husband thought it was to do wi...

Thank you everyone. I spoke to my ip and was told to phone car finance company which I did and was told that as long as I keep up with my repayments everything would be fine I even asked for them to send that via email as long as I don't go bankrupt all will be fine.

<t>I have started the process of an IVA the creditors meeting is on 15th of this month I have been told I can keep my car an is a secured debt, I've just looked through my contract for my car finance and it states under our right to end agreement<br/> You are unable to pay your debts as they fall du...