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Posted: Mon Mar 19, 2007 3:41 am
by charley
i have had an iva for 18mths and plan on getting married in 2 years. my debts are all before i met my partner and we are not home owners.
what happens when we get married ? how will it effect him?
Posted: Mon Mar 19, 2007 12:32 pm
by MelanieGiles
Hi charley
The answer to that is not very much, but your IP will need to be aware of the salary he is earning so that he can ensure that you are paying a fair share of the household bills. Is your partner aware of the IVA?
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at
http://www.melaniegiles.com and view my IVA blog at:
http://melaniegiles.blogs.iva.co.uk
Posted: Tue Mar 20, 2007 2:08 pm
by charley
thanks melanie
yes he knows of the iva but not the exact amount he knows its a lot 21k but we have never sat down and talked figures
Posted: Tue Mar 20, 2007 5:11 pm
by jamesfalla
Charley
Were you living with your partner at the time you wewnt into your IVA? If not but you are now living together and they are now helping to pay the bills, you should discuss with your IP. This would be a material changing in cercumstances which you should highlight
James Falla
Expert in IVA, Bankruptcy and informal Debt Management solutions for over 10 years.
For more information visit
www.jamesfalla.com and visit my blog at:
http://jamesfalla.blogs.iva.co.uk