Hi our car finance was taken as a bill as it is secured on the car. It will be allowed in the IVA as long as it is a reasonably valued car and a reasonable monthly payment. If the finance ends during the IVA then your monthly payment will increase by that amount.

Hope this helps and good luck.

Hi and thank you for the replies and thank you Foggy. What am I looking for in my IVA proposal, modifications etc..? will it state somethimg regarding the PPI or will it have specific wording that states that the PPI is included in the IVA? Also what happens if the cash is received by the individual...

Hi thank you for replying. Yes they did right off a debt in the IVA

Hi please can anyone advise if they have claimed PPI after they have received their completion statement and successfully kept the money? I received my completion statement last year and believed that I did not have any PPI to be refunded however my bank have wrote to me to say that they believe I a...