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 Our IVA failed and me and my ex husband
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lindadgarner
Starting Member



2 Posts

Posted - 19 January 2009 :  09:58:17  Show Profile  Visit lindadgarner's Homepage  Reply with Quote
Our IVA failed and me and my ex husband were made bankrupt on Dec 4th 2008. While we were in the Iva my ex husband was made redundant with a large payout. He didnt declare the money and he has now spent it(We were not together at the time). For this reason a trustee was appointed for our bankruptcy. I had my meeting with the OR last week and i havent been given an ipa as i have less than £100 left over at the end of the month and im hoping for an ED. As it was a joint Iva are me and my ex husband now dealt with seperatley or will i have to wait until the trustee has sorted out my ex husbands affairs before i am discharged from bankruptcy. My ex husband spent the money on property abroad with his new partner.Can i also add that i was entitled to part of the payout as we were still married at the time. We were in the middle of a divorce. I have since accepted a large percentage of his pension plan through the courts as compensation.

John
New Member



United Kingdom
73 Posts

Posted - 19 January 2009 :  11:25:34  Show Profile  Reply with Quote
Hi

in bankruptcy your case will always be dealt with seperately form your partner / husband - ex or otherwise. That said, as there are clearly legal issues regarding the spending of the redundancy money it is likely that the same senior member of staff will deal with you both.

If your ex confirms that you had no involvement with the spending of the money, and the examiner can find no wrong doing from your direction, I see no reason why your discharge would be held up because he is dealing with your ex's more complicated issues.

www.Bankruptcyhelp.org.uk
0800 078 9367
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lindadgarner
Starting Member



2 Posts

Posted - 19 January 2009 :  21:17:32  Show Profile  Visit lindadgarner's Homepage  Reply with Quote
quote:
Originally posted by John

Hi

in bankruptcy your case will always be dealt with seperately form your partner / husband - ex or otherwise. That said, as there are clearly legal issues regarding the spending of the redundancy money it is likely that the same senior member of staff will deal with you both.

If your ex confirms that you had no involvement with the spending of the money, and the examiner can find no wrong doing from your direction, I see no reason why your discharge would be held up because he is dealing with your ex's more complicated issues.

www.Bankruptcyhelp.org.uk
0800 078 9367



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Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 19 January 2009 :  23:34:46  Show Profile  Reply with Quote
just a note however about your ex.

Me thinks he will be having a very long chat with the OR and is likely to have a BRU, and the property abroad reclaimed.

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK

Real People ..... Real Debt Solutions
www.revivauk.com
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