Get expert opinion. This is the place for new questions to be posted.
-
julie324
- Posts: 1
- Joined: Wed Oct 06, 2021 4:39 pm
Am thinking of going on an iva but am in the middle of becoming a driving instructor would being on an IVA stop me becoming an instructor
-
Foggy
- Posts: 33396
- Joined: Fri Dec 17, 2010 11:14 am
- Location: United Kingdom
-
Shouldn't do, directly, but some in IVAs have issues with Public Liability Insurance and some motor insurance companies are IVA averse.
You would also have to be confident that you would be able to continue supporting the IVA payments whilst training and / or setting up your business.
Maybe a less formal debt management plan would be worth looking at in the short term, while things settle, depending on your level of debt.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
