Gambling in an IVA?

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cadvan

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Post by cadvan » Thu Oct 15, 2020 10:11 am
WHAT CAN HAPPEN IF I GAMBLE WHILST IN AN IVA

kallis3

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Post by kallis3 » Thu Oct 15, 2020 10:22 am
What sort of gambling are you talking about? The odd flutter on the lottery using anything spare from your allowances is fine, any regular gambling may be frowned on and could affect your IVA.
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

Foggy

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Post by Foggy » Thu Oct 15, 2020 11:29 am
It depends on the whole picture --- Was gambling a reason you got into debt in the first place ? If so, it is a no-no !
What sort of bets are we talking ? A few lottery tickets or a fiver on the Grand National would be no issue. Regular large amounts will make the IP question how you can afford this outgoing and wonder whether it should be going to your creditors instead.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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