Posted: Thu May 17, 2007 2:11 am
looks like our proposal will be me for an iva and my wife for dmp - how will this look in the iva proposal?[|)]
Hi ggr
Your wife's DMP payments will show in the combined income and expenditure account as "Wife's creditor commitments". Make sure that she is only paying from her share of the disposable income and not yours, as your creditors will not want to see you using your money to pay her creditors.
Can I ask why you are not doing interlocking and mutual IVA's?
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk