Business Credit Card Question

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Waltons

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Post by Waltons » Sun Feb 14, 2010 8:44 pm
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Hi, quick question - my husband has a business credit card - does anyone know how this is affected, if at all, when taking out an IVA?

Thanks
Rache
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kallis3

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Post by kallis3 » Sun Feb 14, 2010 8:46 pm
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Hi,

If it is a firms card and they pay for the bill then I think he is ok.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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thefsg

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Post by thefsg » Sun Feb 14, 2010 8:49 pm
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I'm in an IVA and have a credit card provided by my firm that is used solely for business expenses paid for by my employer. There was absolutely no problem keeping this when I entered into my IVA.
Debt problems, what debt problems? I'm not in De Thames, I'm in De Nile.
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Adam Davies

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Post by Adam Davies » Sun Feb 14, 2010 9:03 pm
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Hi
If the credit card is for his business and he is entering into an IVA then it will have to be included. If he works for a company and they provide a company credit card then he will be fine.
Just run it by your IP to be sure
Regards
Andam Davies
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