Should I keep my separate bank accounts after moving in with my partner ?

[Mikedh20]

Hi i am in a iva with 2 years to run,i plan to move in with my partner and her 3 children,
she is mortgage free ,however she has debts and a repayment plan in place.
my question is,
should i keep my seperate bank accounts, so that i can pay the bills equally and demonstrate that i do not have increasede disposable income,
or is there a risk that i will have to pay an increased repayment towards my iva.

[Slowlygoingunder]

Hello and welcome , I haven't even got mine in place but I have a separate acount , mine has been worked out on joint income and expenditure to calculate a disposable income then that amount was split 47/50 to give my 47% to work out payment proposal , very fair, this way might work in your favour ?? Good luck , I would keep separate accounts though

[Foggy]

You should keep separate accounts for all things so as not to taint her credit record. OK, it isn't tickety-boo but adding black marks won't help.

If your expenses go down your payments will go up. If you are with certain firms, they will also try to take her income into account.

[Mikedh20]

Thanks for the advice, seperate bank accounts it is.