i have car on finance, will i have to give it back in an IVA ?

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Alan.22

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Post by Alan.22 » Tue Oct 14, 2014 1:23 pm
i have car on finance will i have to give car back to finance company or can i keep car while paying iva
 
 

Michael Peoples

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Post by Michael Peoples » Tue Oct 14, 2014 1:32 pm
You can usually keep the vehicle but it depends on the HP company more than the IP. Some companies such as VW Finance will repossess and your IP should make you aware of this in advance.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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