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Posted: Mon Jun 11, 2007 6:40 pm
by jane1
does an iva cover hpi car agreements or just loans, overdrafts & credit cards??
Posted: Mon Jun 11, 2007 6:47 pm
by Storm
It doesn't include HP agreements.
Posted: Mon Jun 11, 2007 8:18 pm
by Adam Davies
Hi
Just to add to Storms comments.
You can enter an IVA and still pay your HP with the full knowledge of your creditors.Once your HP is concluded you can pay the money that you were paying for HP into your IVA.
Regards
Andy Davie
IVA.co.uk Spokesperson
About me:
http://www.iva.co.uk/andy_davie_profile.asp
IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Posted: Mon Jun 11, 2007 11:39 pm
by iva_squirrel
Hello Jane,
There are some debts which are not suitable for an IVA, these are normally debts which are secured against property or vehicles, such as:
Mortgages
Hire Purchase payments
Other debts such as Rent
Fines (such as parking offences)
This debt will normally have to be paid and provision for the repayment of these debts will be made separately from your IVA.
Kind regards,
Julia Simavi
Shortlisted for Best UK Debt consultant by Credit Show 2007
View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp
Visit my website:
http://www.supersonicsquirrel.net