in iva and director of six companies?

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mbs

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Post by mbs » Sat Mar 15, 2008 8:20 pm
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A friend has entered into an IVA. She has subsequently become a Director of a new company and registered the fact in Companies House. She is already a director of six companies. Has she done wrong?
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Reviva UK

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Post by Reviva UK » Sat Mar 15, 2008 8:27 pm
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Hi MBS

The IVA will not effect her position as a director of a company, however it will probably effect the credit rating of the company.

In Bankruptcy you are not allowed to be a director of a limited company.
Paul Johns
Reviva UK
Assisted Bankruptcy Specialists
www.revivauk.com
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