If I own 75% of a company can i still do an IVA

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by brian01 » Sun Jan 24, 2010 6:38 pm
If I own 75% of a company can i still enter into an IVA


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by Shining » Sun Jan 24, 2010 6:41 pm
Hi Brian, I don't know the answer I'm afraid but do know a professional poster will be along very soon.

I'd like to welcome you to the forum in the meantime.


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Adam Davies
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by Adam Davies » Sun Jan 24, 2010 9:21 pm
Possibly, being a company director will not prevent you from entering an IVA. Does all your income come from this company ?


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by size5 » Sun Jan 24, 2010 10:47 pm
Without further info it is impossible to answer your question, but you should speak to a professional directly, visit www.iva.com and then go from there.

Last edited by size5 on Sun Jan 24, 2010 10:47 pm, edited 1 time in total.


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by MelanieGiles » Sun Jan 24, 2010 11:24 pm
Your 75% shareholding will not stop you from proposing an IVA, but the shares will need tobe valued as a personal asset and your IP will want to know exactly how you draw any income out of the company.
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