Hi. I'm currently looking at an IVA, however I'm still on the mortgage with my ex while the divorce is going through. Will this effect my ex and the mortgage and will they find out?
Any joint finances will have an impact on your ex's credit record. If you get an IVA, your mortgage provider will be informed and a marker may be put on your ex's file.
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
The only thing that will appear on his file will be that he has a financial association with you. This will only impact his credit worthiness if the potential lender then goes on to check your credit file, if authorised to do so. https://www.experian.co.uk/consumer/gui ... ation.html
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
