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I have received business grants

Posted: Fri Apr 09, 2021 7:08 am
by lucyanne
I have received business grants but also I am on an IVA air will this affect my IVA will I have it all to pay back

Re: <t>I have received business grants</t>

Posted: Fri Apr 09, 2021 9:02 am
by Foggy
It will depend on the nature of the grants and the business status but, in any event, will need to be discussed with your IP.

Re: <t>I have received business grants</t>

Posted: Fri Apr 09, 2021 9:07 am
by lucyanne
What is an IP?

Re: <t>I have received business grants</t>

Posted: Fri Apr 09, 2021 9:23 am
by Foggy
An IP is an Insolvency Practitioner who will be named as supervisor to your arrangement. In practice, though, these days you rarely have contact with them and are usually dealt with by office admin.