I’m in the process of discussing an Iva with a reputable company. I just wanted to seek some advice on tax credits overpayment. I have been overpaid around the figure of £1900 which isn’t my greatest debt amongst creditors. The situation becomes complex as my partner entered into an Iva around 9 months ago. I understand that I would be protected in my Iva but he could be chased for the owed funds. This would obviously impact us as our budget is stretched. The overpayment was not included in his Iva as I was making monthly payments by direct debit (although we were no longer entitled to tax credits.) I was the person who received the funds into my account and although this was a joint claim, my partner didn’t see any of the funds. I am terrified that he would be chased despite already dealing with his own debts recently. Do I have to include HMRC in my Iva or can I come to a payment plan arrangement outside of this? Thanks
