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by bugsy.
Wed Jun 13, 2007 8:34 pm
Forum: IVA postbag for june
Topic: can the lenders ask you to sell property abroad
Replies: 4
Views: 1605

I am the sole owner/director of the property and it doesnt trade as such it was just a requirement for foreign investors to have a company to buy property with land. The property is probable valued around 30,000 pounds but the annual turnover of the company is nothing. Just to let you know I dont ow...
by bugsy.
Wed Jun 13, 2007 7:49 pm
Forum: IVA postbag for june
Topic: can the lenders ask you to sell property abroad
Replies: 4
Views: 1605

Thank you for getting back to me so fast. I havent got to the IVA stage yet but it my be an option in the future. I do have a property abroad under a LTD company, the compnay is stable, I just wanted to find out if they could make me sell the property to pay towards the money i owe.
by bugsy.
Wed Jun 13, 2007 12:43 pm
Forum: IVA postbag for june
Topic: can the lenders ask you to sell property abroad
Replies: 4
Views: 1605

Just a quick question. If you own a property abroad under a ltd company, can the lenders ask for you to sell it?
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