Well after 5 years of marriage me and my husband split up this weekend what will happen with iva now I work part time 2 kids and I rent my house from the council ?
Hi emily. So sorry to hear of the break up (still have fresh scars myself).
Is the IVA for only one of you, or do you have two interlocking arrangements? How far in are you ?
First thing will be to chat with the IP. When we split up we were offered a payment break to tide us over until the finances were sorted, which, as it tuned out, we didn't need. Our new I&E showed that we had no way of continuing payments ( we had two interlocking IVAs) now each of us had a house to run. Luckily we had managed to make extra payments in the first couple of years and our creditors decided that we had paid enough and agreed to end the IVAs early. This wouldn't have happened without th help, advice and support of or IVA providers.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Also -- not strictly IVA related --- get onto the council and get yourself a 25% sole occupancy discount on your council tax (assuming you are the only adult in the household now). Also investigate Tax Credits and then Housing Benefits.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Sorry to hear this ... Difficult times for you. Foggy offers some soynd advice .. Your IP will be able to advise you further .... Your children need to be your priority and trying to keep them happy and safe ... We are all here for you if and when you need a shoulder or two ...take care xx
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
We have a interlocking one we are 2 years in and have had 2 payment breaks alrdy I've opened another bank account today and will ring freeman jones on Monday yes need to sort out tax credits housing benefits ect been through a hell if alot in the years I was with him couldn't do it anymore kids come 1st I'm sure we will be fine
As Luluj says -- please shout out if there is anything we can do to help -- I and others have both the tee-shirts ( separation and IVA)--- even if all you need is somewhere to off load ( it works for me ).
Best of luck.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
So sorry to hear about the split but you're absolutely correct the children come first and we're here for you anytime generally day and night so don't be a stranger. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Omg hell of a night so far eldest son absolutely kicking off big time screaming shouting after long talks ,walking away to let him scream then going back to hold him soo tight me crying he's asleep in the big bed with me what a hell of a ride this is going to be, cant stop crying but I know I've done the right thing so worried about money it's untrue at least my family are very surportive and with me 100% thanks for the very nice messages il keep you posted in how Monday goes xx
Time heals and I know it's easy for me to say that but it does but the interim hurts like hell as we all know too. So glad to read you've a supportive family and remember we're here too so anytime give us a shout. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Here's hoping you are all ok .... Families are so important ... You have one that loves you and will protect and help you and the children.
We as your extended family are here at any time x
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Feel for you and your family. My sis has gone through a divorce this year with 2 teenagers and they have both had their 'moments'. Just remember - it's their way of dealing with it and what they say they don't mean.
Thanks for all the advice folks kids been great today and went to bed lovely my eldest son of 12 had some birthday money left from last week and offered to buy me some flowers while out shopping I felt so touched I gave him a massive cuddle and said we will be fine and not to worrie be open with me and don't bottle it up x
I am very sorry to hear your news and this must be a really difficult time for you and your family.
If there is anything we can help with please don’t hesitate to contact myself by email (Sarah.Jolly@FreemanJones.co.uk) or a member of the team on our usual number.
Thank you
Sarah Jolly IMA CMAP - A member of the IVA team at Freeman Jones
