I don't want to be affected by boyfriend's debts

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aed6

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Post by aed6 » Sun Mar 02, 2008 11:34 am
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my boyfriend has an iva, if he were to move into my house, how would this affect me? My house is mortgaged and in my name, I don't want to be affected by his debts in any way, can you give me some advice?
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MelanieGiles

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Post by MelanieGiles » Sun Mar 02, 2008 11:57 am
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Hi aed6 and welcome to the forum

Would your boyfriend be paying you rent and contributing to the household bills? If so, then he would need to convey those changes of circumstance to his IP and this could result in an increase in IVA payments for him if it is cheaper to live with you rather than in his own property.

Other than this, you are unlikely to be affected by his debts.
Regards, Melanie Giles, Insolvency Practitioner
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