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Posted: Wed Feb 13, 2013 6:26 pm
by Steven.dx
Im now in my IVA second year. A business opportunity has been offered to me but I obviously have no capital however talking it over with my sister she has offered to give me the capital needed.
How will my IP view this amount of money going through my account?
I dont want them thinking its some kind of free/hidden money that they will demand from me.
What is the best route for me to take with this opportunity?

Posted: Wed Feb 13, 2013 7:08 pm
by MerlinL14
Speak directly with your IP and explain it before it becomes an issue that could cause a problem.

Posted: Wed Feb 13, 2013 8:29 pm
by plasticdaft
An open and frank discussion with your ip and a clear paper trail would be the best route.

Paul

Posted: Wed Feb 13, 2013 8:46 pm
by MelanieGiles
Presumably your sister's investment remains in her name, and thus the IVA is unaffected in any case?