Hi all, I completed by IVA early (started early 2018, completed via F&F offer early 2020). My potential employer is asking for a background check and it's 50/50 on whether this will include a credit check... I have no idea. It's got me worked up a bit. I know the IVA will be on my report for one mor...

I'm not sure they are already business partners Foggy? In another thread the OP is exploring ways of supporting the partner in his previous business, without being financially involved although they have worked together in this enterprise for some time. Thanks Foggy, but actually, this is a complet...

Any other thoughts would be most appreciated If you are making a profit from the business then it IS worth something and this looks as if you want to put it in your wife's name, continue working at it and have those profits go to her instead of your creditors. I see your point but without my low le...

I'm a year into my IVA and my partner wants to start doing some additional work on the side of her full time job. I'm not going to sugar coat it - we want to shield this additional income from my income and expenditure reviews so that our child has a nest egg. I know that she is well within her righ...

Any other thoughts would be most appreciated

Thanks for the response. No the business is not worth anything; it's simply me helping clients out. My wife has been helping me out (for free) for many years and so can pick up the day to day work without any issues. My concern is that my IP or creditors might think I am shielding income from them b...

<t>I am about to enter an IVA. I'm employed full time and also self employed as a sole trader. The intention was to cease all self employed freelance work once the IVA started, because I really only did the work to cover my debts. I already work 60+ hours a week and the extra work stresses me and I'...

1 --- she is not obliged to disclose anything at all -- unless you are with Payplan, they will insist. They only need her income to calculate the fair share od household expenses between you ---- with no info they will assume a 50/50 split. 2 --- just short pay for a couple of months -- you will ge...

I'm moving closer to an IVA - I'm in the process of gathering evidence for my IP. I have a couple of fresh questions, if you guys can be on any help: 1. My partner has agreed to disclose her PAYE income for the purposes of the IVA (the debts are solely in my name). But she also has a small income fr...

Thanks very much for your input. I have another question. Our mortgage deal is up for renewal in June, so I'd like to be able to keep struggling on and try to get a new deal secured before any of this plays out. During that time, any sole trader work I take on... should I use these chunks of money t...

<t>Hi. I'm seriously considering pursuing an IVA and I have a few questions. I am married, with a joint mortgage and a reasonable amount of equity in the house. <br/> <br/> All of the debt is in my name. I earn quite a bit more than my wife and pay quite a bit more in terms of expenses. We have just...