i have a distraint order with my buisness rates

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miffixxx

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Post by miffixxx » Thu Apr 05, 2012 12:20 am
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i have a distraint order with my buisness rates which i have put into a proposed iva what if i dont pay ?
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MelanieGiles

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Post by MelanieGiles » Thu Apr 05, 2012 12:27 am
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Hi there and welcome to the forum

Is your IVA in place yet Michaela? If not, and the local authority has already distrained over your assets, it is unlikely that the IVA will be able to overturn that decision. How much is owing to the local authority and what is the value of the items they have distrained over?
Regards, Melanie Giles, Insolvency Practitioner
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