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Posted: Mon Aug 17, 2009 11:23 am
by vickir
Sorry another question, i'm 18 months into an IVA - how is the IVA affected if my partner moves in with me?
Posted: Mon Aug 17, 2009 12:13 pm
by Michael Peoples
You would need to do a new I&E to show the up to date position. He would almost certainly be contributing towards the running costs of the property so this may mean your payments would increase.
Posted: Mon Aug 17, 2009 1:16 pm
by MelanieGiles
You can either allocate your living expenses in a 50/50 ratio, or in line with your individual earnings. So as Michael says this reallocation of costs may well leave you with more surplus disposable income, and therefore able to increase your payments into the IVA. Seek direct advice from your own IP on this point, who has detailed knowledge of your case.