we are almost 3 yrs in, both in iva with joint debtet, my Q. is my headgasket has gone on my car and it is now upto 90.000 miles (not sure worth doing) I have to have a car for work as Im a audiological technician that has to travel, there is a lease sceme at work - would payplan alow this?
many thanks in advance
Many IPs do allow such schemes, as long as it can be afforded without reduction of the IVA payment. As for Payplan I do not know and you would have to run it past them.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I was with PayPlan and after a year into my IVA leased a car through work. All PayPlan said was that as long as it didn't affect my payment, it would be OK. I got this in writing from them so please be sure to do so.
Last edited by Sensible77 on Sat Aug 16, 2014 11:45 am, edited 1 time in total.
I guess we were lucky then as there's no way we could have found the money from savings elsewhere and certainly no way we could have come up with money to purchase a car.
As has been said many times on this forum, the choice of company and IP is critical. The past 5.5 years have been the hardest of our lives but we have come through with the help of this forum and a great company.
You are so right, Relieved33. The choice of company is critical. Unfortunately many people are simply referred by a lender or CAB and just "go with it".
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
