Money to get a car while in an IVA

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mr995

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Post by mr995 » Fri Apr 06, 2018 1:25 pm
i have a worksave pension which i am still paying into .Im in third year of an iva.I need money to get a car to get to work as my current car is beoned repair will i have to tell my iva. my pension is protected in the iva .I am 63 and plan to work on after 66 so i need the car .i have not tried to get a car loan because of my age also i doubt if i can get one anyway.

kallis3

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Post by kallis3 » Fri Apr 06, 2018 1:40 pm
Hi,

Is there a relative who could fund a cheap car for you?
http://kallis3.blogs.iva.co.uk/
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.
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Foggy

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Post by Foggy » Fri Apr 06, 2018 2:04 pm
Not an ideal situation, but I went through my IVA on "EBay Specials" ... few hundred quid a car and scrap it when it breaks. To be honest it is nerve wracking wondering if it will start every morning! You could ask your IP for a payment break for a few months to save for a banger -- the missed payments will be added on to the end of the term.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Visit my blog here : http://foggy.blogs.iva.co.uk/
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