I have received business grants

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1
Post Reply

lucyanne

User avatar
Posts: 2
Joined: Fri Apr 09, 2021 7:08 am
Post by lucyanne » Fri Apr 09, 2021 7:08 am
Quote
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
Top

Foggy

User avatar
Forum Expert
Posts: 32754
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Fri Apr 09, 2021 9:02 am
Quote
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.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
Top

lucyanne

User avatar
Posts: 2
Joined: Fri Apr 09, 2021 7:08 am
Post by lucyanne » Fri Apr 09, 2021 9:07 am
Quote
What is an IP?
Top

Foggy

User avatar
Forum Expert
Posts: 32754
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Fri Apr 09, 2021 9:23 am
Quote
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.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
Top
Post Reply
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”