What to do....

[sammygirl74]

Anybody out there who can help me figure this out.... Ok, to cut a long story short: my now almost ex-husband and I began an IVA in August 2007. The payments were a little higher than we could realistically manage, but were assure the figure were right, despite nothing seemingly (looking back) beiing checked properly. We struggled on for almost a year, but then I told them we couldn't manage and eventually it was agreed that the matter would be referred to the creditors for a reduction. They also persuaded me that the only way it would be accepted was if they extended the agreement for a further year. I realise it's probably all a little later, but is this normal practise or have I been duped here?? It only really came to light when I was talking things through with my new partner - who I assume can not be held liable for mine and my husbands debts, although the company I am with seem to think his income should be taken into account for my debts.... Any ideas what I should do or indeed if I can do anything?

[Shining]

Hi and welcome to the forum, I think if you're cohabiting with your new partner his income details will be used to ensure that you're both paying a fair share to the household expenditure ensuring your dispsable income is paid to the creditors.

I'm guessing a 12 month extension probably sounds right in respect of a variation but as all cases are individual then it would be case specific.


One of the professionals who post on the forum will be along soon to offer more concise advice. x