Charity Trusteewhilst in an IVA

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Debt Monkey

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Post by Debt Monkey » Mon Sep 14, 2015 3:53 pm
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Hi,

I recently entered into an IVA but did not realise that I would no longer be able to act as trustee for a local charity.

The Charity Commission have recently written to me to say I have to resign, does anyone know if there are any ways around this?

I do not receive any remuneration or expenses from my position so would like to stay on but its looking unlikely.

Anyone had any similar experiences?

Best regards,
DM
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lifenoteasy

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Post by lifenoteasy » Mon Sep 14, 2015 3:58 pm
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There have been posts off and on this year from people but I am afraid its one of those things - you will need to resign.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
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Michael Peoples

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Post by Michael Peoples » Mon Sep 14, 2015 4:02 pm
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Your IP must not have known about your position prior to the IVA being approved otherwise they would have warned you and as far as I am aware there is no way round this. You can try and speak to the Charity Commission but I have only ever known clients continue on as volunteers without holding a trustee position.
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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