Posted: Sun Sep 14, 2014 1:17 pm
In a joint iva does one partners windfall have to be set against both parties debts. For example A has individual debts of £40k, B has debts of £12k. If B receives a windfall of say £20k thus enough to pay off his/her individual debts does the surplus £8k go to the other partners debts, or can B keep the remainder?