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Posted: Mon May 11, 2009 7:40 pm
by gemmach
i am currently considering an iva i was wonder though does it affect other people that live at the address that all my debt is at?? i have moved into my own rented flat but have kept all my financial stuff at my parents address, would an iva affect my parents credit or would my iva show upon their address
Posted: Mon May 11, 2009 7:44 pm
by kallis3
Hi,
As long as you don't have any financial dealings with your parents, they will not be affected by your IVA.
I recommend that you speak to a professional. Visit
www.iva.com for a list of companies and reviews where you will receive free and impartial advice as to all the options open to you and the best one for your circumstances.
Posted: Mon May 11, 2009 7:45 pm
by MelanieGiles
Your poor credit rating is unlikely to affect your parents, and if it does they can file a notice of disassociation from you with the credit scoring agencies in any case.
Posted: Tue May 12, 2009 6:34 am
by David Mond
Won't affect other people living at your address.
You need to have a chat with an IP and give him/her details of all your personal and financial circumstances and particulars.
Visit
www.iva.com for reviews on firms and practitioners and select one or two to have a chat with.
They will give you the appropriate advice and it is free.
Good luck and let us know how you get on.