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Posted: Wed Jul 15, 2009 9:23 pm
by Gerald 2010
My wife has been approached by lloyds tsb to pay an amount that is already being paid by my IVA can they do this and is it legal?
she was a co-signee for one of the debts but lloyds have accepted the amount in my IVA.
Thank you
Posted: Wed Jul 15, 2009 9:27 pm
by kallis3
Hi,
If the debt is in joint names, or your wife was a guarantor, then even though it is included in the IVA, she will be chased for the full amount as you are both jointly and severally liable for it.
If she cannot afford to pay the full amount each month, then she needs to try and negotiate lower payments with them.
Posted: Wed Jul 15, 2009 9:31 pm
by MelanieGiles
Your IP should have spotted this and advised you to get your wife to discuss this with the bank prior to your IVA being proposed.
Posted: Wed Jul 15, 2009 9:34 pm
by Adam Davies
Hi
They can do this.
Who is your IVA provider ?
Regards
Posted: Wed Jul 15, 2009 9:35 pm
by MRBLUESKY
you need to contact your ip all your circumstances and wifes regarding debts should have been assessed,before your iva was proposed.
Posted: Wed Jul 15, 2009 9:44 pm
by plasticdaft
MelanieGiles wrote:
Your IP should have spotted this and advised you to get your wife to discuss this with the bank prior to your IVA being proposed.
Very poor show from an IP who cant possibly have missed something like this.
Things like this happening is often what puts people off trusting IP's in the 1st place.
Why cant they all be like you Mel?!?[;)]
Posted: Wed Jul 15, 2009 9:45 pm
by MelanieGiles
Nothing special about what I do Paul - just couldn't do it in any other way.
Posted: Wed Jul 15, 2009 9:49 pm
by MRBLUESKY
thats a understatement if i ever heard one.[^]
Posted: Thu Jul 16, 2009 12:26 pm
by Max
There is something special about what you do Melanie - don't forget you were called an honourable IP by our joint creditor! See a previous post!! J