To cut a long story short I need to have an Annual Review that will include my wife's income and household expenses added to mine. As far as I am concerned the debt is mine and not my wife's as I have got myself into debt through my own fault. She has her own debts that she manages to deal with herself with her weekly wage. She her own financial responsibilities in which she helps her relatives and her son with his children overseas and this is the reason for her debts and has done this since she come to London in 2003. We met in 2005 and got married in 2012 and I accept what she has to do to help her overseas relative and son. We have always had a agreement that I pay the rent for the room that we live in, BT Broadband and Sky TV and she pays for the food which enables her to fulfil her obligations which I am happy with. She is only able to help pay for the food as she has always done but fear that the IP will not accept this. I did speak to somebody with this problem and they told me to list the debts of my wife in my review and tell them that she has her own financial responsibilities. I do not know what will happen as if she has to include all of her income and this becomes part of the surplus and goes to the IVA. I do not think I will be able to remain in the IVA as this will devastate my wife not being to help her family for an amount of years.
There are only a few IP providers who include a spouses income as part of the IVA payment where the IVA is in one name. Generally the others do request income details to apportion a fair, pro rata, share of expenses only.
If the current arrangement is much the same as when you did your initial I&E I would be inclined to resubmit that one and tell them nothing has changed. They cannot move the goalposts from those already in place.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I have already informed the IVA company about my wife and she has her own debts and financial responsibilities so cannot fully involve herself in paying all of the household expenses. If they do not understand this then it is pointless remaining in this IVA. My wife and her own responsibilities come first. My debt is mine deal with and I do not want her involved in anyway apart from her contribution to pay for the food
I agree with Foggy - resubmit your original one and tell them that nothing has changed and nothing more is forthcoming. Your wife's debts are nothing to do with your IP company.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
