Directors Loan whilst in an IVA

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mudasir

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Post 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.

kallis3

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Post 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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Post 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.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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