How will IVA affect my husband ?

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Post by a.a2 » Mon Sep 27, 2010 9:58 pm
im planning to get an iva to help with my debt. if i get this how will this affect my husband? ( his credit rating & our joint bank account


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Post by kallis3 » Mon Sep 27, 2010 10:03 pm
Hi and welcome to the forum.

Is your joint bank account one of your creditors? If so then you need to change banks straight away. The Co-op come highly recommended.

If you have any joint debts then your husbands credit record will probably be affected and he will be chased for the whole of the debt.

I recommend that you take professional advice. Visit for a list of companies and reviews. Give one or two a ring and you will receive free and impartial advice.
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.


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Post by MelanieGiles » Mon Sep 27, 2010 11:09 pm
Is your husband aware of your current financial situation and intention to propose and IVA? If so, does he support you in this?
Regards, Melanie Giles, Insolvency Practitioner
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