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Posted: Thu Mar 06, 2014 3:43 pm
by Jean.89
Q. if someone is in a joint iva could the other person clear their debt and would the remaining person carry on with theirs without their partners income being factored into it.
Posted: Thu Mar 06, 2014 3:54 pm
by Shining
I think that an interlocking IVA would allow this, are there any joint debts?
Please wait around I'm sure an expert will be along soon to clarify.
Posted: Thu Mar 06, 2014 3:57 pm
by Jean.89
only one joint debt of £636-00 to bank
Posted: Thu Mar 06, 2014 4:52 pm
by Michael Peoples
You would need to sever the arrangements which can be done. This is not uncommon where partners break up or one receives a windfall which would clear their debts.