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Adrian.x
- Posts: 1
- Joined: Fri Aug 29, 2014 10:25 pm
Do you know if i would be able to take a one months break in paying my mortgage whilst on an iva? i have only 3 months left to pay on my iva but my clutch has gone on my car today and is going to be costly to replace
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luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
I would seek advice from your IP ... A iva payment break of a month or two may be better than a mortgage break
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
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plasticdaft
Forum Expert
- Posts: 9562
- Joined: Wed May 21, 2008 12:45 pm
- Location: United Kingdom
I agree that an iva payment break is better than a break in your mortgage payment.
Good luck. Cars are great when they are running!!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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AlfieMoon
- Posts: 106
- Joined: Wed Feb 16, 2011 4:48 pm
- Location:
Oh this was us back in February - it was devastating and so expensive - the clutch and slave cyclinder needed replacing - the cost of the replacement parts and fitting cost more than the car is worth. But a payment break was the only way and our IP was very understanding.
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UpToMyNeckInIt
- Posts: 607
- Joined: Fri Aug 03, 2012 3:25 pm
- Location: United Kingdom
You have my sympathy.
Just had a has dropping £1,000 bill to do the clutch on my car (the dual mass flywheel needed doing as well, and that was £350 just for the part).
So any of you with a clutch on its last legs: of your vehicle has a DMF, be prepared for a big bill.
My opinions are just that: Based on my experience and being a self-employed IVA customer.
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plasticdaft
Forum Expert
- Posts: 9562
- Joined: Wed May 21, 2008 12:45 pm
- Location: United Kingdom
Wifes exhaust split and its the section including the back cat. £1100 ish quoted.
£10 for bloke at another garage to weld the pipe!!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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kazzafunk
- Posts: 4749
- Joined: Sat Mar 19, 2011 6:47 pm
- Location: United Kingdom
Definitely try for an IVA break rather than a mortgage break. Cars are a nightmare for people in IVA's but IP's are considerate when things go wrong.
