I'm moving out of my parents and in with my boyfriend. What happens next ?

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Bug

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Post by Bug » Thu Oct 23, 2014 6:29 pm
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I'm moving out of my parents and in with my boyfriend. I need to pay him more than what I used to pay my parents so my disposable income will change a lot. Could my iva fail? If so what happens next? I'm with GT.
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Adam Davies

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Post by Adam Davies » Thu Oct 23, 2014 7:50 pm
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Hi

Ask for a fresh income and expenditure form from GT and calculate your new disposable income

If the IVA is no longer viable you could either let it fail and consider bankruptcy or a DMP. You could look to offer a full and final lump sum offer with help from family or friends

Regards
Andam Davies
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