Can I buy a bike whilst in an IVA?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply

richard524

User avatar
Posts: 10
Joined: Tue Jul 23, 2019 11:50 am
Post by richard524 » Wed Apr 08, 2020 2:28 pm
Quote
I have managed to save 800 from bonuses and overtime after paying my 50 percent to be able to afford an electric bike at 800 however I'm frightened of buying it because the IVA company may put my payments up and overtime has now stopped at work
Top

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Wed Apr 08, 2020 2:35 pm
Quote
As long as you have paid the IVA the agreed share, what you do with the money is your business --- chances are that they will never know what it went on anyway !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Top

kallis3

User avatar
Forum Expert
Posts: 77172
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Wed Apr 08, 2020 2:38 pm
Quote
I agree with Foggy - you should have no problems.
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
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”