income of spouse/partner taken into consideration?

[paula.k]

Is the income of a spouse or partner taken into consideration when calculating the monthly payment?

[Lisa2009]

Hi and welcome to the forum.
The income of a partner or spouse in only taken into consideration for the purposes of proving you both pay your fair share to the household costs (bills and food)

mrs skint

[MelanieGiles]

Hi Paula

Yes this generally does occur, but only to the extent of working out what each one of you should reasonably pay towards combined household and general expenditure. If your partner has any disposable income left after he has paid his share of the commitments, and any debts of his own, then he may be asked to contribute that surplus to the IVA if that is the route you are thinking of.

In a DMP or bankrutpcy, your partner's income will not be taken into account unless he wants it to be.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

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http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp