IVA, maternity, partner's support

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Linka17

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Post by Linka17 » Mon Nov 22, 2021 11:10 am
I've applied for IVA while I was single. I've been with creditfix for almost a year now. I've been made redundant in August and I'm also pregnant and claiming maternity allowance(they know all of this). My boyfriend jist moved in with me. Baby is due January. For obvious reasons I won't be able to work now. My partner will support me financially. How and if will it affect my IVA for example if he'll be transferring me money for rent, bills etc...

Foggy

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Post by Foggy » Mon Nov 22, 2021 11:28 am
Your partner will be expected to pay his fair share of household expenses and you will need to do a completely new income and expenditure to see if you can still support the IVA on your income / benefits. CreditFix might accept payment from your partner if your income / benefits become too low.

CreditFix do have their own way of doing things and a chat with them might be useful.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Linka17

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Post by Linka17 » Mon Nov 22, 2021 4:30 pm
One more question can they make me to pay more or take by partner's money if he will be giving me most of his income?

Foggy

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Post by Foggy » Mon Nov 22, 2021 5:25 pm
Sometimes a partner needs to pay into the other partner's IVA in order to keep it going --- it will all depend on the final figures. They cannot force this, but the alternative might be that the IVA can no longer continue if what you can afford yourself is too low.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Foggy

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Post by Foggy » Mon Nov 22, 2021 5:32 pm
Depending on your circumstances, as mentioned in another of your posts, it might be worth investigating other debt solutions. If you fit the criteria a DRO (Debt Relief Order) might be one option --- Citizen's Advice Bureau will be able to check this for you. Have a look here: https://www.citizensadvice.org.uk/debt- ... ef-orders/
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

bowline

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Post by bowline » Fri Nov 26, 2021 8:44 pm
I agree with Foggy. This is a very recent IVA. Unless you have assets to protect which you havent mentioned (not normal household items or clothes, they dont count) then it may be better for your IVA to fail and for you to get a DRO instead. But you need a DRO-qualified adviser to check that you would meet the DRO criteria.
Citizens Advice can do this or if you are happy with phone advice national Debtline on 0808 808 4000 are good.
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