If I apply for an IVA will my partner be involved

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adam.j

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Post by adam.j » Tue May 20, 2008 10:31 pm
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Hi...I have debts in my name of over £100 K with various Credit cards and loans. My parter and I are no longer together as a couple but still share the same rented accommodation. If I apply for an IVA will my partner be involved we have no shared loans and in the process of getting seperate bank accounts as we had a joint one.

Thanks
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MelanieGiles

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Post by MelanieGiles » Tue May 20, 2008 10:33 pm
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Hi adam and welcome to the forum

If you are not living together as a couple, but as flatmates, there will be no need for he/she to become involved. Are you sharing the household bills on a 50/50 basis? And would your partner have benefitted from any of your borrowings at all?
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Tue May 20, 2008 10:33 pm
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Hi there Adam, and welcome.

One of the experts should be along shortly to answer your questions
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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adam.j

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Post by adam.j » Wed May 21, 2008 7:50 am
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Hi...we share the rent and food costs but other bills I pay for. He has benefited before from the debt re holidays and clothes etc and general going out expenses etc.
Last edited by adam.j on Wed May 21, 2008 7:51 am, edited 1 time in total.
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angela18

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Post by angela18 » Wed May 21, 2008 7:57 am
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it doesn't seem fair if he has benefitted from this credit, that you should be left to shoulder responsibility
Ang.. 13 payments in.. WOW, thats over 20% paid!! http://angela18.blogs.iva.co.uk/ well here we go

if you wish for a rainbow... then you have to put up with the rain xx
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Adam Davies

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Post by Adam Davies » Wed May 21, 2008 4:09 pm
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Hi
This is why creditors look at both incomes if only one person is entering into an IVA.
Regards
Andam Davies
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