www.iva.co.uk

I know I should post this on the Bankruptcy forum, but I need an answer urgently!

I live with Dave in his flat which he bought 5 years ago, and I have been living with him for just over a year. The mortgage and all the bills are in his name, and I pay £200.00 'rent', half the bills and buy the food and he pays everything else. Doing it this way works out at about half each.

Dave now wants to move to be nearer his elderly mother. I won't be on the mortgage for obvious reasons and I will carry on paying the same amount even if there are any increases in mortgage, bills etc.

What I really want to know is if this is likely to cause a problem with the OR. I have no beneficial interest in the flat, so I am presuming it will be the same if we move.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

sorry skip can't answer that one just wanted to say there seems to be lots of problems on the other site with posts going missing so best posting here if you want an answer
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/

I can't see that it would cause a problem - if Dave needs to move to be nearer his mum I haven't really got a lot of choice if I want a roof over my head!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

true skippy. i hope it all works out well for you, will you be moving far?
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/

Not too far, but we'll only be 2 minutes from his mum then, and 5 from mine. Dave's mum is 88 and mine is 76, so it would be nice to be a bit closer, especially as Dave's mum has heart problems.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

Skippy

Dave can do what he likes with his asset and this is not affected by his bankruptcy, so you are free to move without any problems.

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

Thanks Melanie, I was worried I would stop him moving.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

dave never went BR only skippy
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/

Yep, he's more careful than me, although it sounds as though I might get the ultimate punishment - his mother only 2 minutes away...

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

Hi Skippy,

If your outgoings increase would you have to inform the OR ar you may be able to get a reduction on the IPO, I was informed by mine should my financial circumstances change during the year i was to inform them obivously I am not paying an IPO but if i have more disposable income then i will have to inform them for instance when i finally move my rent will be cheaper than my mortgage.



(I apologise for my keyboards poor spelling and grammar)
http://coco.blogs.iva.co.uk

Hi Coco, to be honest my outgoings shouldn't change too much, so hopefully all I will need to inform the OR about is the change of address. If I find I am struggling I will contact the OR, but I'll see what happens.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/