IVA Ford finance
Hi all
I have a car on HP with Ford finance
Due to marriage breaking down and having to care for my twins - one who is disabled I have had to give up work.
I've been left with alot of debt and am looking at an Iva however I have a car on HP with Ford finance, with family discount. Does anyone know if they will repossess my car? This absolutely can't happen as my family member will lose their job, I absolutely cannot take the Iva if this will happen.
I've never missed a payment
I have a car on HP with Ford finance
Due to marriage breaking down and having to care for my twins - one who is disabled I have had to give up work.
I've been left with alot of debt and am looking at an Iva however I have a car on HP with Ford finance, with family discount. Does anyone know if they will repossess my car? This absolutely can't happen as my family member will lose their job, I absolutely cannot take the Iva if this will happen.
I've never missed a payment
0
Comments
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Any loan secured against a vehicle would be prioritised within your budget in an IVA ,meaning you would continue to maintain this payment in full so your vehicle is not affected.0
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