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Posted: Fri Aug 29, 2008 12:02 pm
by dave_w
Does a partners (not married) income have to be included on an IVA?
Posted: Fri Aug 29, 2008 12:10 pm
by kallis3
I take that the IVA would be yours alone.
I am not too sure of the answer, but one of the technical experts will pick this up and give you an answer soon.
Posted: Fri Aug 29, 2008 12:13 pm
by Julie
Hi - I'm assuming the partner lives with you? If so then yes, their income is taken into consideration, just to make sure a fair percentage is being paid towards household costs etc.
I'm not actually in an IVA ( legally) as its all in my hubby's name, but my income has to be declared.
Hope this helps
Posted: Fri Aug 29, 2008 6:22 pm
by MelanieGiles
Hi there
The answer to your question is dependent upon a number of issues - such as how long you have lived together, whether you have any children, what the money you borrowed was actually spent on, and how much each of you contribute to the houseshold bills.
For a more definitive answer it might be sensible to arrange to chat things through with an insolvency practitioner.