income based benefits

[Anna Karenina]

Wish I could help, but I'm sure Melanie could advise. Just make sure he doesn't play games - you're trying to get yourself straight for you and your kids, so the best advice I can give is don't do/sign anything until you've spoken to someone who really does know where you stand.

[look_divine]

yeah melanie HELPPPPPPPPPPPPPPPPPPPP
thanks anna

[Anna Karenina]

your're welcome - keep your chin up hun, it will all get sorted eventually - feels like a long slog right now but every day gets you nearer to a new life

[look_divine]

wheres melanie when you need her lol

[Kazzy E]

Hi there, Melanie is probably having a well deserved rest. Sorry only just picked up this thread, are you already in an IVA or are you comtemplating one? If you are not yet in one but this is the path you are taking, the loan, albeit paid off in May, will probably have to be included in your IVA calculations as they are still one of your creditors. Is the loan in both your names? Kazzy x

[Kazzy E]

Sorry, just re-read, you did say the loan in joint names. You could probably do with advice from an IP about this as it is more complicated because you are separating. I am sure Melanie or another expert will be along fairly soon to assist you. Kazzy x

[look_divine]

yes finishes in may he has 2 credit cards he said was willing to pay if i carry on with the loan payments
his cards are more than the loan and my name isnt on them although i have had a card to use

[kallis3]

You will be jointly responsible for the loan if it is in joint names, although there shouldn't be a lot left on there now.

If the credit cards are his,they are totally down to him.

Do you have any other credit in your name?

[look_divine]

yes a egg one in my name only

[look_divine]

sorry
i have
lloyds loan
next
egg
alliance leicester
halifax overdraft al in my name
the credit cards hubby has are only in his name although i have used a card as an additional holder

[kallis3]

If you only have two creditors (the loan and one credit card), then you can't do an iva.

I think you need at least 3 creditors and in excess of £15,000 before you can be considered for an iva.

[kallis3]

I missed your last one before my last post!!!!!

Don't think it matters about you being an additional card holder. If it's in his name, then it is his debt.

You should be eligible for an IVA based on the number of creditors.

Your husband will still be eligible for his half of the loan regardless of whether you have an IVA or not.

[look_divine]

but will they make him go in the IVA i wont be with him well as soon as i get somewhere to live

[kallis3]

They cannot make your husband go in an IVA. You will just have to declare all your unsecure debts to an IP.

[look_divine]

i think only about 1500 left on the loan so that surely would be halfed?
I have no secured debts only unsecured loans, cards and overdraft