www.iva.co.uk

Hi ive been on my iva for 2 years and im planning to move in with my partner next year.I have a problem though and its worrying me.My partner doesnt want to disclose his income as and when we live together and i really dont know what to do.Hes adamant on this and there is absolutely no way he will change his mind.Please advise as its really worrying me.

He doesn't have to. Treat the financial aspect as though you are house sharing, rather than living together. Agree on a rent, including services (your share of utilities) and claim this as an expense in your IVA allowances. You will still be restricted to a single persons food allowance and he will be responsible for his share.

Without disclosing it the IP will simply presume expenses are split 50:50 between you.

Oh thankyou so much!! Im going out of my mind with worry.I totally understand where my partner is coming from.What do i say to my IP when the time comes?.

Tell your IP that you are moving in with your partner and paying a rent. Your standard allowances will remain so the income and expenditure account may not differ too much. It is a change of address and circumstances so you need to inform the IP.

Ok Michael but they will be okay with me?.Am so worried that its causing a little friction between me and partner.

There should be nothing to worry about. They will ask for details of your income and expenditure and creditors will be shown details of what contributions your are proposing from any surplus. Your Nominee should let you know if there are any areas of concern before sending the proposals to creditors. Best of luck.

I agree with Lisa that you have nothing to worry about. Your partner has no obligation to your IVA and provided you explain things to your IP there will be no issue with your IVA.

Don't put your life on hold as there is no need.

Ok thankyou so much.Am so worried i will get into trouble with them or there will be problems or cause fuss between me and partner.I am a worrywort!