some advice needed

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moneyclown

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Post by moneyclown » Mon Oct 01, 2007 12:21 pm
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I am in iva and have been for a few months. My partner and I have bought a house but the mortgage is in his name only. We are currently in rented accom there are 3 of us on the tenancy. I want some advice of what to do when we move into our house. The mortgage will be £780 a month. Do we just drawn up a tenancy agreement between us for the sake of my creditor saying that I am paying £390 rent or do I actually tell them the situation. I don't really want my partner bought into it. He does know everything about my debt.

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Oliver

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Post by Oliver » Mon Oct 01, 2007 2:43 pm
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You need to be upfront and honest about this with your IP who will then advise you accordingly.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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MelanieGiles

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Post by MelanieGiles » Mon Oct 01, 2007 2:59 pm
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You will share the bills in the same ratio as your earnings, and there is no need for a formal tenancy agreement unless your boyfriend insists on one.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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