Can you take an iva as a couple ?

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tuki

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Post by tuki » Sun Aug 03, 2008 10:57 pm
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a married couple do you both have to be involved in the iva agreement or can just one partner take an iva on there name without affected the other?
Can u take an iva as a couple
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MelanieGiles

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Post by MelanieGiles » Sun Aug 03, 2008 11:28 pm
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Actually the answer to that is no - as if only one of you has debt then the other party may need an IVA but you do not. Or if one party only has a few debts, which they could manage from their own disposable income, then they also would not need to propose an IVA either.
Regards, Melanie Giles, Insolvency Practitioner
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