Will it matter what I borrowed the money for

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1
 
 

Joanne Blyth

User avatar
Posts: 9
Joined: Mon Nov 22, 2010 1:30 pm
Location:

Post by Joanne Blyth » Thu Sep 30, 2010 9:47 pm
i am going to enter into the iva process tomorrow, will it matter what the money i borrowed and now cant repay was for, do i have to say or give proof of what it was used for
 
 

kallis3

User avatar
Forum Expert
Posts: 77176
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Sep 30, 2010 10:00 pm
Don't worry - I borrowed for holidays and cars and clothes!

Visit www.iva.com for a list of companies and reviews if you are struggling. Give one or two a ring and you will receive free and impartial advice as to all the options open to you.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

leaKybrain

User avatar
Posts: 1102
Joined: Tue Apr 01, 2008 10:12 pm
Location: United Kingdom

Post by leaKybrain » Thu Sep 30, 2010 10:10 pm
I'm still at the stage of sending paperwork to get it up and running and at no time have I been asked what it was for....only for a background statement of how we got into debt. For us it goes back years and has some roots in redundancies and also things that have gone wrong over the years. My sis was holidays too, so there is no prejudice about it. don't worry hun
 
 

Broke of London

User avatar
Posts: 7761
Joined: Sun Sep 05, 2010 6:04 pm
Location: United Kingdom

Post by Broke of London » Fri Oct 01, 2010 12:24 am
No. Thank God... even irresponsible shopaholics like me deserve a chance to get back on our feet. Good luck with the rest of the process and keep asking any questions.
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”