Been offered 50% of a company

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SamuraiSam

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Joined: Mon Feb 20, 2017 1:29 pm
Post by SamuraiSam » Tue Mar 14, 2017 6:14 pm
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But it would mean that as a significant share holder I would have to sign a PG with the factoring company and van finance providers. Is this allowable when in an IVA?
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Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Tue Mar 14, 2017 6:32 pm
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Hi. I am afraid not -- in any event you would be credit checked and would fail the checks.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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