My car is currently just about going shall we say....however my sister may be in the position to "give" me her car, when she purchases a new one in the next few months. The car I would be "given" is alot newer and would not require quite so much attention and money to be spent on it - whereas now our contigency each month is spent on my car !
Would this impact on my IVA in any way ?
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I see no problem with this at all, what a lovely sister you have as well.
As ever, keep your IP in the loop out of courtesy but as there should be a car maintenance allowance in your budget which you are topping up, as you say, with your contingency, then you should hopefully find yourself a little better off on a monthly basis which is good news.
Regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself
That is a nice gesture Lulu, what a lovely sister you have.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Have you a spare sister? What a great post to start the day. Wonderful help and no impact on your IVA.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
