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Can I buy a bike whilst in an IVA?

Posted: Wed Apr 08, 2020 2:28 pm
by richard524
I have managed to save 800 from bonuses and overtime after paying my 50 percent to be able to afford an electric bike at 800 however I'm frightened of buying it because the IVA company may put my payments up and overtime has now stopped at work

Re: <t>Can I buy a bike whilst in an IVA?</t>

Posted: Wed Apr 08, 2020 2:35 pm
by Foggy
As long as you have paid the IVA the agreed share, what you do with the money is your business --- chances are that they will never know what it went on anyway !

Re: <t>Can I buy a bike whilst in an IVA?</t>

Posted: Wed Apr 08, 2020 2:38 pm
by kallis3
I agree with Foggy - you should have no problems.