I am thinking of moving in with my partner. How will this affect my IVA?

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jemma
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by jemma » Mon Feb 26, 2018 8:10 am
Hello! I am in my third year of my IVA (2 years to go and counting). I am thinking of moving in with my partner who has a mortgage. How does this affect my IVA as he does not understandably, want to disclose his income or have dealings with my IVA company. I would be paying half the bills, etc so would my payments increase dramatically as in effect my outgoings would be more or less halved? Any advice much appreciated.
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Foggy
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by Foggy » Mon Feb 26, 2018 9:25 am
Your payments would increase as, so too, will your disposable income. Your partner need not disclose any financial details and a 50/50 split of household expenses will be assumed.
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