Thank you Jan, I will get him to do that!

One idea that has come to mind is to get my name put on the mortgage anyway - as I've always paid half it seems mad not to, plus I'm going to be paying it all for the foreseeable future!

It's so confusing, isn't it?! I understand what you mean about the DMP, kallis3. I think I will ask my hubby to contact Melanie or David for a proper discussion about whether is possible to go for an IVA, and the pros and cons as against a remortgage. Right now he is at work and my head is spinning....

I've been living in the property since 1999; my husband has been living in it since 1995, I think. Since I came along I have been paying half of the mortgage, through money I gave to my husband. My name has never been on the mortgage though, mainly due to inertia as I said. We have been considering ...

Thank you Melanie, and kallis3, you have been very helpful. It's good to know where we stand, and at least we are lucky in that we do have the option for me to get a larger mortgage to repay the creditors. I will speak to a mortgage broker.

Best wishes, mrsmouse

Just to clarify our real dilemma: should I take out a new, larger mortgage that would pay off my husband's debts (but which would be much more expensive, especially as I'd be paying all of it myself for at least a while!) - or do we transfer the current mortgage to me (which means he'd effectively b...

No, the debts that would be subject to an IVA are all in my husband's name.

Thanks very much for the advice so far. I guess my real question is: would anything be gained by transferring the mortgage from his name to mine before an IVA were applied for? Would this avoid any requirement to release equity, or would the property still be considered liable to satisfy his debts?

My husband is about to say goodbye to his failing business (ltd. co.) and look for paid employment instead. His company owes him £27K but he will never get that back on liquidation. His personal unsecured debts are approx £45K, through loans and credit cards. We have lived together for 9 years (marr...