Can I do an IVA if I have joint debt with ex?

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sharon278

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Post by sharon278 » Tue Dec 31, 2019 1:27 pm
If myself and my husband are divorcing and have joint debt will we still be able to have an IVA, both parties want to clear outstanding debt in joint names.

Foggy

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Post by Foggy » Tue Dec 31, 2019 1:45 pm
Your IVA will absolve you from the joint liability -- however, it would then fall entirely to your soon to be ex. He will need his own IVA, or another solution to deal with it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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