month 3 of my iva, hoping to have partner move in

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amberd24
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by amberd24 » Mon Jan 18, 2010 2:10 pm
I am in month 3 of my iva, hoing to have partner move in, 2 questions...1-how will this affect his credit rating? 2- Will the IP take his money into consideration and up the payments? thanks.x

 

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Michael Peoples
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by Michael Peoples » Mon Jan 18, 2010 2:16 pm
You must keep your IP informed of changes in circumstances and if your partner is going to be paying towards housing costs your surplus should increase as should your IVA payments. His credit file should be unaffected unless you have joint loans. His surplus is his to spend as he wishes but your IVA payments still may go up as the cost of bills are spread.

 

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MelanieGiles
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by MelanieGiles » Mon Jan 18, 2010 8:26 pm
What will your partner be intending to contribute towards the houshold income in terms of shared bills/rent etc?
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