IVA Advice
Hi all
Just after a little advice. I currently have around £35k of debt solely in my name nothing in my partners. We both own our home however have been looking to possibly put the home solely in my partners name. This is because I have been advised to go bankrupt due to my circumstances.
Just after a little advice. I currently have around £35k of debt solely in my name nothing in my partners. We both own our home however have been looking to possibly put the home solely in my partners name. This is because I have been advised to go bankrupt due to my circumstances.
The other option I have is an IVA. I am unsure how this works if I still own my home? Can anyone shed any light on this for me.
Thanks in advance
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Comments
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If you go down to the woods today you better not go alone.0
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Please keep to one thread per subject if at all possible, thanks.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected]. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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