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how does an IVA work with joint debts ( mine and my partners debt)i dont work, he does

Hi
Although IVAs are "individual" you can,and it is very common to,have them administered jointly by your IP.I have one as does my wife and she does not work.
Your proposals will be listed seperately but your income and expenses jointly assessed to provide a disposible income to pay to all your creditors,joint or not.
Speak with several companies on this site until you are fully satisfied in your own mind.

Hi tracey

Both you and your partner will need to propose your own IVA, but they are likely to be made mutual and interlocking - as Neverending says reliant upon each other with one payment being made being shared by all creditors on a pro-rata basis.

When it comes to voting, however, the creditors votes and acceptance/rejection percentages are based upon the debts in each individual estate rather than being taken as a joint aggregate sum.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Hi tracey

Both you and your partner will need to propose your own IVA, but they are likely to be made mutual and interlocking - as Neverending says reliant upon each other with one payment being made being shared by all creditors on a pro-rata basis.

When it comes to voting, however, the creditors votes and acceptance/rejection percentages are based upon the debts in each individual estate rather than being taken as a joint aggregate sum.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk