Currently on a iva already missed one payment IP informed probably miss December month to if I don't act fast head in bits basically and foolishly did not give debt of joint loan with partner of a loan was agreed that partner would pay loan and was left out of iva due to unforseen circumstances I paid the this monthly loan £537 how do I get this sorted can I take half of debt over to my iva and partner pays her half such a mess feels like im gunna explode
The whole debt has to be included in the IVA and they will get a dividend. However, as it is a joint loan, your partner will also have to continue paying the full monthly payment on the loan until it is paid off, unless she can come to some agreement with the loan company.
I am worried that this, along with the other slip ups long the way and missed payments, might derail your IVA and it might be failed. You really need to get your head together and have a frank s=and honest chat with your IP to try to sort things out once and for all -- if the IVA is going to fail it is better it fails now, before you lose too many payments.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I think you need to speak to someone asap, as Foggy says. You seem to be in a bit of bother.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
