So im in a single iva. I share a bank account joint account with my husband who isnt in an iva
So we both pay in money every month into this account to pay bills. My husband pays £250 to a credit card in his name from this account. No particular reason my husband set up a payee and at the time wasnt to his account but the joint. Obviously never been an issue but being in an iva now and due an annual review soon is it worth him making payment from now on from his own account rather than the joint?
Having a joint account can be awkward, as you are discovering, as you will be needing to explain everything all the time -- also his credit score will be affected by your IVA as you are financially linked.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk
He will still be financially linked and so his credit rating will be compromised because of this.
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