Page 1 of 1
Posted: Tue Jun 12, 2007 8:21 pm
by s_b
I have three years left to run on my IVA. However, my old car will not last another six months! Is it possible to get car finance as I need a car for my job?
Posted: Tue Jun 12, 2007 8:46 pm
by MelanieGiles
Hi sb and welcome to the forum
Yes it is possible - providing you obtain your Supervisor's express permission (I suggest in writing) and can find a finance companu willing to lend to someone in an IVA. Storm, one of the forum's regular posters, works in the industry and may be able to suggest a suitable lender.
You will also need to ensure that the new payments do not affect your ability to continue with your set monthly contributions, or otherwise a formal variation of the terms might be necessary.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at
http://www.melaniegiles.com and view my IVA blog at:
http://melaniegiles.blogs.iva.co.uk
Posted: Tue Jun 12, 2007 10:48 pm
by Adam Davies
Hi
These are the three companies that Storm has highlighted in the past.
http://www.advantagefinance.co.uk
http://www.flexiblecarleasing.co.uk/
http://www.duncton.com/da/15082
Please let us know if you are successful with any of these as it will help others.
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: Wed Jun 13, 2007 6:25 pm
by s_b
Thank you both Melanie & Andy. Totally surprised at your rapid response! I'll be in touch as my IVA issues develope. Once again Thanks.