directorship

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harves

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Post by harves » Sat Jun 07, 2008 12:16 pm
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can i still become a director of a ltd company if i am going down the iva route
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Viki.W

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Post by Viki.W » Sat Jun 07, 2008 12:21 pm
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Hey harves, welcome to the forum, yes you can. Viki X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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harves

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Post by harves » Sat Jun 07, 2008 12:28 pm
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can my debtors then come to a new company and put any demands on that company
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harves

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Post by harves » Sat Jun 07, 2008 12:50 pm
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hi Viki i am just going through the iva experience god it is s**t only just found this site wish i had looked before, dont suppose i would have found it with my head burried in the sand !!!! just got a new job and now being given a chance of a directorship very worried this will effect the company
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jpj

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Post by jpj » Sat Jun 07, 2008 1:03 pm
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From what I remember ,you have to check the LTD company concernds memorandum of article, as some companies rules stop you being a director if insolvent.
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Adam Davies

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Post by Adam Davies » Sat Jun 07, 2008 1:03 pm
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Hi
Your personal debts will not affect your new company if you are already in an IVA,however the shares that you have in the company coud be classed as an asset and any dividend payments will have to be disclosed to your IP.You will not be able to personally guarantee any loans that the company may take.
Best to take advice from your IP or potential IP
Regards
Andam Davies
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Viki.W

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Post by Viki.W » Sat Jun 07, 2008 5:10 pm
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Hey Harves, well it looks like you've got your head out of the sand now and you're taking control, good luck with the new job and I hope it's all positive news on the director issue, we're all here for you so keep posting. Viki X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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Soulgrowth

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Post by Soulgrowth » Sat Jun 07, 2008 7:39 pm
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Just wanted to say good luck harves ... keep in touch with the Forum and let us know how you get on. [:)]

... And good luck on the new position

Debbie
Debbie
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