question category: IVA

Do I have to increase my IVA contributions if my wife starts to work?
Submitted on: 27th May 2010 by Non-Member | Total Answers: 1

I am in an IVA. As this is not a joint IVA, if my wife starts to work, can I be forced to increase my monthly IVA contributions?

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Re: Do I have to increase my IVA contributions if my wife ...

That would really depend on how the IVA was drawn up and if you wife was deemed to be a beneficiary of the debts included in the IVA.

All proposals are different so this is something you would really need to speak to your Supervisor about.

This question was answered by Debt Advice Foundation, an independent UK debt advice charity. If you're considering entering into an IVA, Debt Advice Foundation provides a free, confidential helpline and can advise you on whether you qualify. Click here to find out more.

Submitted on: 3rd Jun 2010 by Justine Member

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