www.iva.co.uk

Posted: **Thu Aug 16, 2007 4:39 am**

Hi

Please help!

I am in the process of trying to get an IVA through CCCS VA.

I have recently taken my car in for MOT and have been told I'll be lucky if it lasts another year (it is a 1992 car).

There for I would like top take a car out on lease as I am going to need one over the next 5 years for work.

Am I better off doing this before going for the IVA and selling my old car, or will I be allowed to get a cheap lease of around £100 per month on an IVA?

Thanks
Becky

Posted: **Thu Aug 16, 2007 6:50 am**

If your about to go for an IVA you need to check that your credit rating is still good enough to get a lease contract!!

Posted: **Thu Aug 16, 2007 1:39 pm**

Hi Becky
Well you need a car,but you would be best to speak with your proposed IP before committing to another credit agreement.They will need to balance your needs with those of your creditors.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp