Struggling with my wife's debts

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khaleeq

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Post by khaleeq » Fri Nov 30, 2018 6:10 pm
I am in IVA but I need advice because my wife had 3 credit cards which are in debt and she is unemployed and is a house wife, i am struggling to pay her bills plus I am paying home bills etc...
Can you tell me what I can do to resolve this issue?

Foggy

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Post by Foggy » Fri Nov 30, 2018 6:15 pm
She should have a word with an insolvency firm herself to explore options, which will depend on her circumstances and the aounts of debt we are looking at.
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

kallis3

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Post by kallis3 » Fri Nov 30, 2018 9:53 pm
I agree with Foggy - get some independent advice for her.
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

luluj

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Post by luluj » Sat Dec 01, 2018 5:12 am
Your wife needs to take some advice around her circumstances and consider the options available - as she is not working at the present time it won't necessarily be easy to identify a solution. The citizen advice bureau is a good starting point for her.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"

kallis3

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Post by kallis3 » Sat Dec 01, 2018 10:28 am
Do you own your own house? If not she could consider a DRO or Bankruptcy.
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

Lisa Thomas

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Post by Lisa Thomas » Mon Dec 03, 2018 10:37 am
Your wife needs to take insolvency advice.

You need to stop paying her debts as it may well cause your IVA to fail.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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