Do I go bankrupt and start again ?

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Colin.11

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Post by Colin.11 » Sat Mar 12, 2011 9:35 pm
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The IVA is in my name
The Mortgage is in my name
Wife and I no longer together - 4 kids
she wants me to go
I don't think I can afford too!!
Do I go Bankrupt? and start again?
what will happen to the house?
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kallis3

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Post by kallis3 » Sat Mar 12, 2011 9:49 pm
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Hi,

I've answered on your other post but didn't realise you were already in an IVA.

Speak to your IP in the first instance.

Sorry to hear that you have split up, I hope you can sort this amicably.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Broke of London

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Post by Broke of London » Sat Mar 12, 2011 11:18 pm
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Hi Colin - I think this is a duplicate from a Day or two ago and answered on the other thread. You need to speak to your IP to work out whether you can continue to pay the IVA and provide a home for yourself and one for your children. Can their mother contribute to the mortgage at all to help you out?
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