my boyfriend has a lot of outstanding debts from previous relationships and careless spending in his late teens. the debts amount to over £30,000. he makes no payments to any of his debts as he cannot afford to pay them off. he is considering declaring himself bankrupt, i am unsure if this is the best option and also how it will affect him. can you advise me of how this would impact his and also our future financially. we live together in rented accomodation, which is rented on my credit. we dont hold any joint loans or accounts. when should you choose declaring yourself bankrupt over an iva