Posted: Mon Dec 01, 2008 5:04 pm
I half way through a divorce and me ex is considering an IVA. Debts and mortgage are in our joint names. How would that affect me?
Hi there and welcome to the forum
What are your intentions regard to the property after your divorce? And do you have unsecured debts which are in joint names - if so, it is likely that creditors will pursue you directly for all of the outstanding balances - under the principle of joint and several liability.