Im on IVA for the past 2,5 years. I got my divorce 1,5 year ago at the moment I have got new partner and we want to try for a baby in the next few months - I'd like to find out if my new partner will be involved in my IVA at all? I'm afraid that my creditors will start to be interested in my partner income and will put hands on it ... i dont want this to happend as this is my past I want deal with it on my own and it's not fair on him.
We are just about to leave together and the bills would be split half & half
Please advise if there is anything for me to worry about or do I really have to put my life on hold for the next 2,5 years?
Thanks in advance!
nina444 wrote:How about if my parents wanted to give some money to pay this all off - once in for all - when I asked them about how much is remaing they refused to say it - however they said I could give them an reasonable offer .... don't know even how much this could be.... what will happend if let's say they say -" yes ok we will accept 10 grand ! " does that mean I'm debt free and how about my credit score - would i still need to wait 6 years for it to be clean?
Thanks in advance!
number of months left x monthly payment is a starting figure, You may wish to be a bit cheeky and off a little less and see how that pans out.
The IVA will still be on your credit files for the full 6 years, but, your money and your future would be your own. And, yes, you would be debt free.
When I started the IVA it was together with my ex husband , since we split up 1,5 years ago we still paying "as one" money comes out from my account and he is every month transferring half of money to my account. Now, how does it work if i want to do it separately for instant I got my half of the loan to worry about and so does he? Can I actually do that?
Also I'm thinking to pay my half completely off - do you think they will get him to pay higher repayments as they still want to get their money back :-/
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