Will I have to sell my car?

2 posts Page 1 of 1
Post Reply
 
 

joyce.d

User avatar
Posts: 1
Joined: Mon Apr 21, 2008 11:45 pm
Location:
Post by joyce.d » Mon Apr 21, 2008 11:46 pm
Quote
I have an HP agreement on a car that I am paying. Will I have to sell my car?
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Mon Apr 21, 2008 11:51 pm
Quote
Hi joyce and welcome to the forum

I imagine your question relates to whether you enter into an IVA? If so, you are usually allowed to retain a car on HP so long as you can afford to keep maintaining the payments and that these are not excessive.
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
2 posts Page 1 of 1
Return to “postings for april”