Our car on finance will be fully paid 2014, but now we need a bigger car. We are worried what to do

[Nicholas.96]

me and my partner have a car on finance which will be fully paid in 2014 and then that money is to be paid into the iva but we have found out that we are expecting our fourth child and we need a bigger car and are worried what to do?

[nickjohn]

Another child will alter your I&E so I would get in touch with your IP asap and tell them about the baby and that this will in turn affect your I&E.

[Broke of London]

Hi! Congratulations on your pregnancy!! You could sell your current car and buy a bigger used car. It is difficult to source finance during an iva and would need creditor approval. But do have a chat with your IP so they can help x