Yes Jan is correct in that the hire purchase payment is an essential one, as you could not get to and from work without the car. Is there a balloon payment at the end, or do you end up owing the car once you have made the last payment? I simply pay £130 per month for 3 years and then the car is min...

Hi

If I took out an IVA, would I have to include the car I have on hire purchase, and would I lose the car? Because I need the car for my job.

Thanks

Im thinking about applying for an IVA but am very new to it all. I was just wondering - If I got accepted for one, would I have to include my hire purchase car and would I therefore then lose it? I need it for my job but still have around 4k to pay on it. Can i just not include it in the IVA and car...