Would it be best for me now to make a smaller payment to the remaining two creditors?

tryingtogethelp wrote:

I wouldnt just make payments to some credotors and not others-it wouldnt look good when propsing an IVA

Regards

Steve

I have just recieved my pack from DfD. I think I will give Melenie a call. So far I have seen great feedback and have recieved good adive from her on this forum. Melenie which documents do you usually need bank statements etc.Shall I start to collect these before I complete a form on your website? A...

Many thanks I will get the accounts from my mum and check the share value. Will be in touch [:)] You will definately be allowed to remain as a director of the company in an IVA. A director is an office holder who may or may not have a financial interest in the business. It is your position as a shar...

I would definately return to work even if it was at reduced hours. Thanks for your advice. At least I know I dont have to put everything on hold until I am 32+.[:)] Lots of my clients have pregnancies throughout their IVAs, and I have never personally experienced the loss of a case as a result of su...

I'm not sure what the value is as my mum and the accountant deal with everything. So even if I do not gain any dividends or wages from the business I am just a director and my name is on the business account I need to tell my IP about this? Is it not classed as seperated from me as it is a Limited c...

The last thing I want is for the account to be affected, basically neither me or my siser gets paid from the business. My mum leaves the money to grow in the account as my sisters are 18 and 14 years old she is saving it for them. The business is still running and I think we only have one share each...

OMG for before I scrolled down I thought that was a real clause.Thanks for your advice so far guys. Statutory maternity pay is only around £420 per month. I just really want to avoid going bankrupt and would hat to have paid into an IVA for them to make me bankrupt if they do not accept a lower paym...