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Took out a credit card ...

Posted: Mon May 06, 2019 2:20 pm
by ryan787
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?

Re: <t>Took out a credit card ...</t>

Posted: Mon May 06, 2019 2:31 pm
by Foggy
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.