Directors Loan whilst in an IVA

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mudasir
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by mudasir » Mon Jan 21, 2019 5:04 pm
Do directors loan work the same as outside an iva. i. e. If i am owed money by my limited company, can I just pay myself back in small amounts as and when the funds become available. I'm talking a few hundred pounds at a time.
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kallis3
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by kallis3 » Mon Jan 21, 2019 10:10 pm
Sorry - no idea, hopefully someone will be in touch tomorrow.
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Lisa Thomas
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by Lisa Thomas » Tue Jan 22, 2019 9:14 am
The DLA will be an asset of your IVA and will need to be disclosed. No doubt creditors will want some/all of the repayments from the Company to be paid into the IVA pot.
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