If I had an IVA, would it affect my business?

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

julia.lg

User avatar
Posts: 1
Joined: Tue Sep 07, 2010 8:07 pm

Post by julia.lg » Tue Sep 07, 2010 8:07 pm
If I had an IVA, would it affect my business?
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:

Post by Shining » Tue Sep 07, 2010 10:04 pm
Hi Julia welcome to the forum, I'm sorry I can't answer your question directly but if you stick around I'm sure a professional will be along very soon to advise.

I know there are other self-employed persons on the forum within an IVA too x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Wed Sep 08, 2010 2:13 am
So long as your business is profitable, and does not rely on the taking unusual credit - apart from purchasing supplies on usual payment terms - the IVA ought not to affect it. Presumable the ongoing trading will be helping to produce funds to pay to creditors in any case.
Regards, Melanie Giles, Insolvency Practitioner
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”