would iva affect me moving to the states?

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andrew.h

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Post by andrew.h » Tue Jul 22, 2008 1:40 pm
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I'm planning to marry my fiance who lives in america but am undertaking an iva, would this affect me moving to the states?
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pbeck

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Post by pbeck » Tue Jul 22, 2008 1:48 pm
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No, once you are in an IVA you can move to the States, what matters is your ability to make the IVA payments rather than your location.

I suggest that you retain a UK bank account to make the payments, this will avoid incurring bank charges from foreign transfers.
Philip Beck - www.freeivaadvice.co.uk

Licensed Insolvency Practitioner and IVA specialist since 1996.
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MelanieGiles

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Post by MelanieGiles » Tue Jul 22, 2008 6:18 pm
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The move to the States may not affect your IVA, but it is possible that your new living arrangements might. The cost of living in the US can be a lot higher than over her in terms of living accomodation and utilities, but motoring and housekeeping can work out cheaper. So if you are planning on such a major change of circumstances, it would be wise to assess how these might affect your ongoing arrangements - for instance will you have employment readily available?
Regards, Melanie Giles, Insolvency Practitioner
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