trading as a self employed in IVA

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marlina.s

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Post by marlina.s » Mon Aug 20, 2007 10:50 am
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If I were unsuccesful in obtaining an IVA , am I then obliged to file for bankruptcy ?

However if I were to succesfully take out an IVA would i be able to continue trading as a self employed (sole trader) on ebay ?
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MelanieGiles

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Post by MelanieGiles » Mon Aug 20, 2007 11:05 am
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Hi marlina and welcome to the forum

No - you could also propose a Debt Mangement Programme to your creditors. And you would be able to continue to trade whilst self employed during an IVA. I already have a couple of self-employed e-bay traders on my own books.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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