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[iva2011]

I have a IVA and live with parents. They want to buy a new car. They do not know about my IVA and I'm scared they want to buy on finance and all my details come up on the credit check and they find out if it is declined.

I think i've persuaded them to pay cash, they have the money to do so.

If they were to register the vehicle in my name would I then be in trouble with creditors wanting me to sell the car, even though really it would belong to my dad? They want the car registered in my name I'm the only one with a full license and therefore I would be the main driver.

Does anyone know what checks are made when buying a new car in this regard if my dad pays by cheque from his account could creditors have a claim?

[Hg]

Hello

Your IVA isn't going to come up on their credit check.

The vehicle belongs to the person who buys it regardless of who it is registered to, unless they actually gift it to you. Indeed, if they bought it on finance there'd be a much clearer paper trail proving it belongs to someone else!