I am looking at getting married, but am worried that the change in circumstances will effect my IVA and his credit rating, i got this debt on my own, i don't see why he should suffer for my past mistakes - how would i go about informing the agency of this change of circumstances and how would it effect the both of us? we have separate housing and bills etc and i don't see this changing for a while. What do you suggest i do?
Your future husband will not will be involved in your IVA other than to confirm that he is paying towards the joint income.
I presume you will be moving in together upon marriage?
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
If his credit rating is affected once you are married, he can always file a notice of disassociation from you at the credit scoring agencies. Although this sounds a bit sinister, it is genuinely just a piece of paper that means nothing outside of that environment.
Your future husband will not will be involved in your IVA other than to confirm that he is paying towards the joint income.
I presume you will be moving in together upon marriage?
Thank-you for your reply. Yes we are moving in together. The thing is, I don't have access to his bank nor does he to mine. If I have to declare his income, will this increase the amount I have to pay, if so then I have to ask him to pay towards it when its not his debt.?
I think that two can sometimes live cheaper than one, i.e half the bills i.e mortgage/rent/utilities etc., so therefore it may give you a little more disposable income to pay into your IVA, so long as he is paying his way in the joint property then he should not be expected to contribute to your IVA as far as I'm aware.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I think you may just have to prove that he is paying his fair share of the bills, but not 100% sure on that. He won't have to pay anything towards your IVA.
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
You may have to provide proof of his earnings. I had to do that, although my partner wasn't contibuting to my IVA.
The expenditure would then be worked out in proportion to both your earnings, i.e. if he earns 60% of the household income he would be expected to pay 60% of the bills.
I'm not sure what would happen if he isn't contributing his fair share - hopefully one of the experts can clarify.
