Post
by
Nat » Thu Jun 28, 2007 10:51 am
Im in the process of setting up an IVA. At this moment in time I have a boyfriend of 9 months (we plan to get married some time in the near future, the only thing stopping us is FINANCES!!). whilst we dont live together right now, we plan to sooner rather than later.
If he moves in with me he will only be contributing a small percentage towards the bills as earns just over £1000 a month take home, and cant afford to help towards the mortgage.
As you may have read from a previous post he's in the process of being "screwed" by his ex regarding there joint past debt (approx 5k)(thankfully only financially rather than literally!)
I think his Dad is gonna lend him the money to sort his finances, however he will be responsible for paying his dad back.
At what point do I disclose him to my IP?
It doesnt seem fair that he should be contributing towards my debts incurred from a past bad relationship, and also as his loan from his dad is an informal loan, will it be considered as a monthly outgoing for him or will his Dad have to suffer and lose out on repayments.
Further more we plan to possibly move from London, up towards Leeds/Bradford where he is from originally and have a family, within the next two years, how will my plans for children affect my IVA.
I know it seems incredibly selfish of me as I have got myself into my own finacial trouble, but I dont want to have to wait 5 years (till my IVA ends) to start a family. Admittedly im only 25 so have time on my side!!