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IVA and relationship breakup
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ToffeeBlue
Posts: 28 Forumite
in IVA & DRO
Having been in IVA for approx 14 months, myself and partner are going our separate ways. Partner has new rented accomodated, however the joint mortage is in negative equity by £10k and I am not able to continue with the mortgage alone, meaning that partner needs to pay half of his share.
In the process o updating I&E forms to get IVA payments sorted out but I am very concerned that if there if no monies left from partners salaray to pay any meaningful amount to their IVA then that IVA will fail and we will then both need to go bankrupt due to the mortgage issue.
Any comments appreciated.
In the process o updating I&E forms to get IVA payments sorted out but I am very concerned that if there if no monies left from partners salaray to pay any meaningful amount to their IVA then that IVA will fail and we will then both need to go bankrupt due to the mortgage issue.
Any comments appreciated.
22 months until debt free 
0
Comments
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Hi, i'm new to all this myself so i can't offer much advice other than talk to your IP,search the site/net so you are well armed with the facts.
i'm sure someone else will be along with advice.0
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