www.iva.co.uk

My partner and I would like to get married this year I just wondered what effect it would have on my iva

Be very careful as your firm usually likes to include household income in the repayments, which could result in your new partner paying your old debts.

In any event keep all accounts separate as any joint accounts will allow your credit rating to taint the other.

A review of the change in income and expenditure will be carried out and a new payment arrived at. At the very least a partner contributing to the household expenses will mean an increase in your payments.

Thanks for the reply, were actually not going to be living together until my iva has finished in 2017 as she's on a very very low income (800) a month. I rent a flat at the minute and all bills are in my name would that change anything?

If your I&E remains basically the same, then the repayments should not alter.

I'm not sure how a company would cope with a TBA scenario - it should be that you are still regarded as single.

Do I need to mention it at my next review?
As I said we won't be living together because we cannot split the bills based on that salary every month and I imagine it'll start to get really complicated if she can't pay reasonable board

If you are both jointly maintaining seperate lives and neither one of you are supporting/helping the other it should just be the status quo.

Thanks so much for the advise I'm not so worried now