Can I take up a company shares option while in an IVA ?

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debbie524
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by debbie524 » Sat Mar 18, 2017 8:03 am
I've been offered a new contract..it includes a payrise of 1200 a month but also my pension contribution amounts to 110..i also have to have a company car which amounts to 150..and health insurance which I pay a benefit of kind on..i loose my on call pay overall I will be worse off 200 a month I realise I can bring my payments down if needed...the main question I have is they have a company shares option and it's a massive saving opportunity am I legally allowed to take this up while in an iva?
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Foggy
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by Foggy » Sat Mar 18, 2017 9:49 am
Any contribution towards the share scheme would have to be funded from your existing allowances. You will not be allowed to set aside a sum from your disposable income. You might also be considered to be creating a potential asset. Ultimately it will be between you, your IP and creditors to decide. Could you defer entry into the scheme ?
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