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by Confusedgirl
Tue Jun 04, 2019 10:49 pm
Forum: mortgages
Topic: Property excluded from IVA
Replies: 4
Views: 48594

Hi me and my ex partner jointly own a property and he is the one in debt getting an IVA. He has just told me that the property has been excluded from his IVA! :) There is no equity in our house as we bought it less than a year ago. I'm really hoping I can buy him out and looking for a job now! Will ...
by Confusedgirl
Fri May 24, 2019 10:12 pm
Forum: Ask IVA Forum and Industry experts
Topic: Ex partner doing IVA - how will this affect our property?
Replies: 3
Views: 3328

Thankyou 'Foggy', so when you mentioned about the equity release has to be over 5K to trigger it, would it have to be 10K altogether with 5K being his share or you mean 5K altogether? He's going to ask them tomorrow to see if he can just take the extension year instead.
by Confusedgirl
Fri May 24, 2019 2:43 pm
Forum: Ask IVA Forum and Industry experts
Topic: Ex partner doing IVA - how will this affect our property?
Replies: 3
Views: 3328

<t>Hi can anyone help, my Ex has recently gotten into a lot of debt since we broke up (of which I had no idea) and has applied for an IVA and asked me to sign a RX1 form. We have a joint mortgage together and own our house 50/50 but we only just bought it summer 2018 so I have been reassured there's...
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