renting with an iva

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linzi71

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Post by linzi71 » Thu Mar 12, 2009 4:34 pm
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this is my first post and i'm after some advice on renting while on an iva. my partner and i are thinking of moving into rented accommodation together. i have an iva since july 2008 which is is solely in my name and not his, as none of the debt was his. i know i will fail a credit check, so i'm wondering if it would be best to rent the flat in his name, and for me to contribute to rent/bills etc? is it possible to do that? grateful for any advice anyone can give me. great board by the way![:)]
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kallis3

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Post by kallis3 » Thu Mar 12, 2009 4:36 pm
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Hi linzi and welcome.

Yes, there should be no problems with you doing that. Just keep your IP informed of any changes in circumstances.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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linzi71

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Post by linzi71 » Thu Mar 12, 2009 4:43 pm
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thanks for the advice [:)]
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David Mond

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Post by David Mond » Thu Mar 12, 2009 5:56 pm
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Your partner would also have to contribute to joint running costs like light and heat as well.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
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