I was wondering whether anyone knows if you can stand as a parent govenor if you have an IVA?
The letter from the school says :
if he has been adjudged bankrupt, sequestration of his estate has been awarded, or he has made a composition or arrangement with his creditors and he has not been discharged in respect of it and the bankruptcy has not been annulled or rescinded;
6 at any time when he is subject to a disqualification order under the Company Directors Disqualification Act 1986 or to an order made under Section 492 (2) (b) of the Insolvency Act 1986 (failure to pay under County Court administration order);
I don't know whether any of what it says here applies to me with an IVA.
If you are in an active IVA, which has not formally completed then this would fall under "has made a composition or arrangement with his creditors and he has not been discharged in respect of it ".
Having looked around, it does seem to differ from LEA to LEA, with many just restricting those in bankruptcy or a Debt Relief Order. Adding "has made a composition or arrangement with his creditors and he has not been discharged in respect of it " is unduly overbearing.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
thanks
ich wohne in IR. 
POO