what happens if you part and don't keep in touch

[john.r]

if you are in a iva with your partner what happens if you part and no longer keep in touch

[pbeck]

You will both still be obliged to maintain the payments to the Supervisor if the IVAs are not to fail, and also be obliged to advis the Supervisor of your new address(es).

The IVAs can continue without ex-couples remaining in contact with each other so long as they still comply with their obligations to the IVAs.

Philip Beck - www.freeivaadvice.co.uk

Licensed Insolvency Practitioner and IVA specialist

[MelanieGiles]

If you are in joint and interlocking IVAs, which were put forward on the basis of a joint contribution, you can either maintain that agreement with both of you contributing separately but in line with the original payment, or ask the Supervisor to formally separate them. I have done this occasionally, where both parties want nothing further to do with each other, but most of the time couples manage to work together for the ongoing benefit of their creditors.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp