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Ipo

Hi, I have an IPO since March this year and am paying £210 per month. I am paying £100 per month on finance for my car which ends in December. Repairs for my car are costing me a lot of money each month. My partner is willing to buy a car using a loan and I would pay him back. Is it possible for me to sell my car and pay him installments. How would that affect my IPO. Thanks

Comments

  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Hi Jackster


    I think you need to run this one by the Official Receiver's office itself to be on the safe side. Whatever we suggest on here, it's going to be their call as regards whether you can do something like this.


    Dennis
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
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