To answer your questions:
1. You do not have to do an interlocking IVA with your wife but provision would need to be made in the household budget for her to pay her creditors. For many couples it works out better for them if all debts are included but it depends on your own personal situation.
2. You will not lose your home, don't worry about that.
3. It is best for you to call some companies to discuss your situation in more detail. You will be advised on what the options are and will be helped to make a ralisitc budget to hsow what you can actually afford to offer the creditors. Everything will be explained in detail so it will seem less of a minefield once you have a good chat!
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