My company want me to have a corporate credit card

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Pennyd3140

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Post by Pennyd3140 » Tue Jun 22, 2010 12:09 pm
My company want me to have a corporate credit card for when I am working away, but am I allowed this under the terms of my IVA?
 
 

kallis3

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Post by kallis3 » Tue Jun 22, 2010 12:12 pm
Hi, and welcome to the forum.

If it's the firm's card and they are responsible for paying the bill, then I think you will be ok.

One of the professionals will advise further.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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Michael Peoples

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Post by Michael Peoples » Tue Jun 22, 2010 12:17 pm
Jan is correct as usual. The corporate card is not your debt to repay so will have no bearing on your IVA. If you are obliged to pay the card and reclaim expenses it may be worth advising your IP of this in case they ask to see bank statements and see the money going in and out.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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