IVA and company's credit card??

blondiebonbon

Hi,

Just a quick question for anyone with an IVA or knows about them...

I'm considering entering and IVA agreement and I therefore understand I won't have any credit cards. I do however have a Barclaycard Business card issued to me by my company. I need to use it for hotel accom/meals etc. The bill is sent to my head office and they clear the whole payment. The card has the companies name on it with my name underneath.

I'm hoping that I'd be able to keep this card as its not actually 'mine'. It would be impossible to do my work without it really and awful to explain to my boss why I can't keep it so I'm hoping it won't be the case.

Anyone have any experience of this?

Thanks

TallGirl

As far as I understand that would be fine as the credit card is not strictly in your name. However if you did have one in your name and you needed to use it for business that can be agreed too as long as the creditors are aware of it. Who are you going to use to do the IVA? There are so many isn't there. I have heard good things about Payplan on here but guess you can check our Martins guides too.

blondiebonbon

Oh thats looking ok then? :beer:

Thanks for that info. I woke up in the middle of the night worrying about it!

There is an IP on a IVA board I visited that I'm currently going through things with. I'm also going to call CCCS as soon as I know what my payrise will be. I'll find out on Friday (yipee!)