Separating Joint Finances when Married with solo IVA

ThisOldYellowBelly

I'm about to enter an IVA and need to take my name off the joint account as the IVA (and all debt) is in my name only and the joint account is with a bank I owe money to. I've opened a new solo account with Monzo. What I'm trying to figure out now is whether we should open a new joint account with Monzo, or leave just my husbands name on the old joint account as a bills account and him transfer money to my new account for the groceries etc. The joint account is the only financial link we have on our credit records that I can see. At some point in the next few years its likely we'll want to sell the house (mortgaged in my name only), paying the debts off in full - if the house was in a saleable condition we'd have sold and moved already.

If/when we do, the mortgage will need to be in his name only, and if we no longer have any joint finances/credit link - will my IVA negatively affect him? If it will have impact, is there any point in us *not* having a new joint account with Monzo/other?

Beckat

I’m married with a solo iva which I had before we got together. 

We decided to keep our finances separate until the Iva ended because I didn’t want him to have to start contributing when it’s not his debt to pay.