will I lose my car as I am disabled

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bigdaddy

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Post by bigdaddy » Mon Apr 21, 2008 11:50 pm
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if i am taking out an iva will they be able to take my car as i am disabled it is my own car with no outstanding finance
cheers
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MelanieGiles

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Post by MelanieGiles » Mon Apr 21, 2008 11:52 pm
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Hi bigdaddy and welcome to the forum

It is unlikely that your car would be required to be sold under IVA proceedings, but can you tell me how much it is worth please so I can advice further.
Regards, Melanie Giles, Insolvency Practitioner
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bigdaddy

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Post by bigdaddy » Tue Apr 22, 2008 12:59 am
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its a p reg nissan serena about £600
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MelanieGiles

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Post by MelanieGiles » Tue Apr 22, 2008 8:04 am
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That will certainly not be grabbed by creditors, so worry no more!
Last edited by MelanieGiles on Tue Apr 22, 2008 8:04 am, edited 1 time in total.
Regards, Melanie Giles, Insolvency Practitioner
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ianmillington

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Post by ianmillington » Tue Apr 22, 2008 11:10 am
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Lest you were in any doubt, Melanie is 100% right.

ian
Ian Millington
Insolvency Director
PDHL Ltd (formerly Personal Debt Helpline Ltd)
www.pdhl.co.uk
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