Iva
Connorselwood
Forumite Posts: 1
Newbie
in IVA & DRO
I have an Iva and have been separated from my wife for 10 months. I want to come off the mortgage of our property so she can remortgage and we can have a clean break. This property was mortgage free when we we met and all the debt is my fault, I have 4 years left if an Iva and I just want to be able to help my ex partner move on and get some security for her and our two young children
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Comments
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Hi, is there a question in there somewhere ??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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who owned the property when you met - you or she?
is the property listed as an asset in your IVA?
could your ex afford the mortgage based on her own income alone?
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I think you're saying that the property is owned jointly and you now want to relinquish ownership. I assume there's some equity in the property
You have tied your hands in this by declaring insolvency but a solicitor will be able to do that for you once the IVA is completed/terminated.
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