On top of the debts I have in my name

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
 
 

Cherie.nn

User avatar
Posts: 1
Joined: Sun Aug 01, 2010 2:51 pm

Post by Cherie.nn » Sun Aug 01, 2010 2:51 pm
On top of the debts I have in my name, I also have a debt with my husband, can this be included in an IVA without affecting his credit?
 
 

Julie

User avatar
Posts: 9503
Joined: Thu Feb 14, 2008 10:56 pm
Location: United Kingdom

Post by Julie » Sun Aug 01, 2010 2:58 pm
Hi Cherie - as the debt is in joint names, your husband will be liable to repay the full debt.
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Sun Aug 01, 2010 4:31 pm
Welcome to the forum Cherie

Would you husband be in a position to continue payments to the joint loan if you were to enter into an IVA?
Regards, Melanie Giles, Insolvency Practitioner
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”