Marriage and IVA

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Henry

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Post by Henry » Fri Jan 11, 2008 2:06 pm
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I am in the process of undertaking an IVA for unsecured debts soley in my name. At present i live in rented accomodation with my girlfriend and our 1 year old son. Whilst preparing the IVA through CCCS, they obvioulsy asked about my partner and i explained that she worked part-time (earning approx. £300 a month) and also ooked after our son.

We wish to get married and i want to know what implcations, if any, my IVA will have on her.

Many thanks.
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pbeck

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Post by pbeck » Fri Jan 11, 2008 2:25 pm
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It won't affect her at all.

Philip Beck - www.freeivaadvice.co.uk

Licensed Insolvency Practitioner and IVA specialist
Philip Beck - www.freeivaadvice.co.uk

Licensed Insolvency Practitioner and IVA specialist since 1996.
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Henry

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Post by Henry » Fri Jan 11, 2008 3:27 pm
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Thanks for that.

What if she inherits money? I'm sure she would want to help, but would my creditors be legally entitled to some of her money?
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Oliver

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Post by Oliver » Fri Jan 11, 2008 3:31 pm
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If your Partner is not party to the IVA then any inheritance would not be accessible by your creditors.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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