Hi, I'm just wrapping up divorce proceedings but have accumulated approx 11000 credit card debt because of all the issues over the previous 12 months. I don't want to do an IVA and I can arrange to pay this debt off, however it will help me a great deal if I can get a freeze on the interest in the m...

Hi. Situation has moved on. Wife stopped contributing anything towards household expenses in order to save money to move out. I am now sinking into debt myself trying to keep everything afloat. My question is, if this isn't resolved soon and I get too far into debt myself, how safe will my house be....

Hi.
My wife has now decided to enter into an IVA to sort out her finances. Could you pls explain your comment above re dealing with the equity situation in year 1 rather than at the end? We have a jointly owbed house. We are currently separated but no divorce has yet been commenced.
Thnks

Hi,
I have spoken to my wife about this issue and she really doesn't know what to do. Is there anyone who can direct me to an Insolvency Practitioner in the Sussex area, and maybe I can set something up for her?

Any thoughts on whether its better to start the IVA process before divorce proceedings or the other way around??

Hi Liedto, Your story sound eerily familiar, I have a similar issue with my wife who has hidden debts, redirected post, forged my signature etc, etc to get credit, hide debts for almost the entire 17 yrs of our marriage. The financial part should have a black or white solution (I hope), but its pret...

If my wife enters into an IVA agreement for her debts, and she is joint owner of the house with me, and if she is required to give-up equity at some point, how will taht be achieved? Will I be forced to buy out her share?

Thanks Melanie, I'm trying to do some sort of financial projection... could you pls tell me which household/mortgage costs will be taken into consideration for my wife.. ie. Just mortgage/secured loan, or also to include council tax, gas/elec, food etc.? Also once these costs are deducted, approxima...

If my wife enters into an IVA agreement to sort out debts in her name, will her monthly outgoings also have to include her responsibilities to the house mortgage and the 90K loan? Because obviously if we are going to divorce and settle at some point, I do not want to pay everything and increase the ...

My wife has run up massive debts that I have/had no knowledge of. We are currently separated anticipating a divorce. Am I liable for her debts?