@stopyourdebt: Replying to @ma_creativeconstellation yes, you can usually keep your car as it's an essential cost 😊 #iva #debthelp #debtmanagement #debt #moneytok

Stop Your Debt
Stop Your Debt
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Thursday 28 May 2026 08:29:02 GMT
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moffettdave
MoffetDave :
Been in my iva 4yrs. When car finance ended I had to ask permission to get a new car which was approved as long as repayment was the same as old car.
2026-05-28 14:54:54
2
gillyreece
gillyreece :
What if you have a car fully paid can you keep the car? It’s only valued at 2k
2026-06-09 16:19:59
1
thelornadines
thelornadines :
I opted to get rid of the car just as I went into the IVA, and had approval to utilise the sale cost to find and buy a car outright. So, I sold it back to the garage, they cleared the rest of the finance, I recieved £3,000 after that. I’ve always been confused as to how you get finance during an IVA though because your credit is terrible and who would lend to you, even with approval? X
2026-05-29 06:25:20
1
ashys48
SASH :
Yes I kept mine
2026-05-28 14:55:54
0
sue.saund3rs
Sue :
Yes you do
2026-05-28 20:00:56
1
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