• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Ex-husband had an IVA, the bank are writing to me 4 years later to pay back

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Ex-husband had an IVA, the bank are writing to me 4 years later to pay back

    Good evening, Iím hoping someone can help please.

    My ex husband (we split in July) filed for an IVA in 2019. He included the overdraft on the joint bank account.
    Iíve had a letter from the old account stating they closed the account down - without telling me - theyíve admitted that - and I now owe them £1520.83 - they want the money in 2 monthly payments and there will now be CRA on my credit file!
    Where do I stand if the amount was taken into the IVA? I am going to contact them first via email so I have a paper trail and explain this to them.
    Would I still have to pay the amount even though it was taken into his IVA?
    Tags: None

  • #2
    You are jointly liable for a joint account. Your ex may have included it in his voluntary arrangement, but that does not release you from your liability.
    Lawyer (solicitor) - retired from practice, now in academia. I do not advise by private message.

    Litigants in Person should download and read this: https://www.judiciary.uk/wp-content/..._in_Person.pdf

    Comment


    • #3
      Theyíre asking me to pay the whole amount back!
      so although the amount was included in the IVA I still have to pay the whole amount back? Is that correct?

      Comment


      • #4
        It is, I am so sorry to say.
        Lawyer (solicitor) - retired from practice, now in academia. I do not advise by private message.

        Litigants in Person should download and read this: https://www.judiciary.uk/wp-content/..._in_Person.pdf

        Comment


        • #5
          Why am I paying back the full amount when it was taken into his IVA?

          Comment


          • #6
            Because you are jointly liable for the full unpaid balance. Your husband's IVA may clear him of liability, but it does not reduce the amount of the unpaid debt, and for that you are jointly liable.
            Lawyer (solicitor) - retired from practice, now in academia. I do not advise by private message.

            Litigants in Person should download and read this: https://www.judiciary.uk/wp-content/..._in_Person.pdf

            Comment

            View our Terms and Conditions

            LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

            If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


            If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
            Working...
            X