Payday loans while in an IVA

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kallis3
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by kallis3 » Mon Jul 30, 2018 4:23 pm
Unlikely they will come to your home.
garfield021
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by garfield021 » Mon Jul 30, 2018 6:27 pm
So how they make sure what value items You have?
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kallis3
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by kallis3 » Mon Jul 30, 2018 6:32 pm
Do you have any valuable items?
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Foggy
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by Foggy » Mon Jul 30, 2018 6:35 pm
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kallis3
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by kallis3 » Mon Jul 30, 2018 6:44 pm
You will have to do what the OR asks.
garfield021
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by garfield021 » Mon Jul 30, 2018 6:48 pm
What does mean valuable items? Mobiles phones tv?
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kallis3
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by kallis3 » Mon Jul 30, 2018 6:53 pm
Doubtful - most of us have mobiles and tvs.
garfield021
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by garfield021 » Mon Jul 30, 2018 6:55 pm
So what You mean by valuable items? Can You give some examples?
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Foggy
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by Foggy » Mon Jul 30, 2018 6:57 pm
garfield021 wrote:
So what You mean by valuable items? Can You give some examples?


Cars, motor bikes, antiques, expensive cameras, jewellry
garfield021
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by garfield021 » Mon Jul 30, 2018 6:58 pm
I just have car worth 1500pounds and its using to work ... so in this case they will take anyway?
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Foggy
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by Foggy » Mon Jul 30, 2018 7:21 pm
garfield021 wrote:
I just have car worth 1500pounds and its using to work ... so in this case they will take anyway?


Probably not.
garfield021
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by garfield021 » Mon Jul 30, 2018 7:35 pm
Ok so I have question about house ... because when become bankrupcy I have to sell house ... what about if I will stop paying and rent house somewhere else?
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Foggy
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by Foggy » Mon Jul 30, 2018 7:44 pm
garfield021 wrote:
Ok so I have question about house ... because when become bankrupcy I have to sell house ... what about if I will stop paying and rent house somewhere else?


Why ?? What will you gain, apart from another debt ?
garfield021
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by garfield021 » Mon Jul 30, 2018 7:49 pm
But what is point to pay for mortgage if I have to sell it?
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Foggy
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by Foggy » Mon Jul 30, 2018 8:01 pm
garfield021 wrote:
But what is point to pay for mortgage if I have to sell it?


You might not have to sell it. Then you will be homeless. Renting somewhere will need a credit check, which you will fail. It would also require a deposit and rent in advance, which you haven't got
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