would the IVA be adjusted to just reflect my debt.

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helen40

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Post by helen40 » Tue Aug 04, 2009 10:46 am
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I have recently split up with my partner who i believe may be looking at bankruptcy which may of course endanger our IVA agreement.Can anyone advise if that agreement would then just be made applicable to me or would the IVA be adjusted to just reflect my debt.
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Michael Peoples

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Post by Michael Peoples » Tue Aug 04, 2009 10:52 am
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I assume you currently have interlocking proposals so you would need to speak to your IP and have them split. You would do a new I&E and your proposal would be based on what you can afford alone and only your debts[and the joint ones] would be listed. It is not uncommon so contact your IP.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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helen40

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Post by helen40 » Tue Aug 04, 2009 2:56 pm
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thank you.
regards
helen
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