Took out a credit card ...

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ryan787

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Joined: Fri Jun 23, 2017 5:29 pm
Post by ryan787 » Mon May 06, 2019 2:20 pm
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Hi guys I've been in a iva for 2 years now but now I've been asked for a annual review. Small issue I took a credit card out for my mother which she's paying me back for. Am I in trouble of anything?
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Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Mon May 06, 2019 2:31 pm
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If you have borrowed more than £500 you could have the IVA failed -- even though your mum is paying it, it is in your name.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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