Thanks for the info, we have a joint bank loan and loan in individual names and credit cards in individual names our individual without including the joint debts exceed £15K each which is why we thought IVA could work, otherwise not sure which way we will go. The mortgage is in both our names and as...

My husband and I have 25% equity in a shared ownership property through a housing association. We are in the process of splitting up and I will be remaining in the property until my eldest son turns 18 (5 years) and we then intend to sell it. Between us we have nearly 50K of debt which we are borrow...