how will husbands IVA effect my credit rating ?

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gillv

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Post by gillv » Tue Aug 05, 2008 11:45 pm
my husband is thinking of getting an IVA, how will this effect my credit rating ? We have a house with a secured loan
 
 

MelanieGiles

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Post by MelanieGiles » Tue Aug 05, 2008 11:54 pm
Hi gilly and welcome to the forum

It is likely that your husband's IVA will affect your credit rating, but this will only become problematic if you actually try to raise new credit. The effects of the IVA on credit ratings last from six years from the date of acceptance by creditors.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Soulgrowth

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Post by Soulgrowth » Wed Aug 06, 2008 7:57 pm
Just wanted to welcome you to the Forum gillv ... keep posting.

Debbie
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