Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Hamlet the Dane
    • By Hamlet the Dane 11th May 19, 6:51 PM
    • 2Posts
    • 0Thanks
    Hamlet the Dane
    IVA question
    • #1
    • 11th May 19, 6:51 PM
    IVA question 11th May 19 at 6:51 PM
    Hello... I am in process of possibly agreeing to an IVA, but the helping organisation also want proof of my wife's income. I am trying to do this on my own, as we have enough problems without me telling her I have debt.... Is it possible to have an IVA just individually, even though married?

    Any comments gratefully received, thanks.
Page 1
    • sourcrates
    • By sourcrates 12th May 19, 12:58 PM
    • 17,418 Posts
    • 16,421 Thanks
    sourcrates
    • #2
    • 12th May 19, 12:58 PM
    • #2
    • 12th May 19, 12:58 PM
    Hi,


    The clue is in the name "Individual Voluntery Arrangement" they are unique to the individual, as you are a married couple, they will want to assess your family income as a whole, to determine your share of the household bills.


    She is not been assessed as a party to the IVA, they need to know how much of her income goes towards the monthly bills, so your share can be calculated.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".

    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views expressed are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    • foxy-stoat
    • By foxy-stoat 13th May 19, 10:00 AM
    • 4,425 Posts
    • 2,587 Thanks
    foxy-stoat
    • #3
    • 13th May 19, 10:00 AM
    • #3
    • 13th May 19, 10:00 AM
    Probably best tell her what you are planning, you don't want her filling in application forms in the future with incorrect information and you have an issue because of non-disclosure....and you are married so best not to keep something as huge as an IVA from her.
    • semikie123
    • By semikie123 18th May 19, 12:21 PM
    • 2 Posts
    • 0 Thanks
    semikie123
    • #4
    • 18th May 19, 12:21 PM
    • #4
    • 18th May 19, 12:21 PM
    My IVA has just been granted, I had to complete a Household budget and they asked how much my partner earned, by never need to see and of his pay slips This was with Stepchange.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

39Posts Today

3,325Users online

Martin's Twitter