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Posted: Wed May 11, 2011 4:12 pm
by Clive.sr
If someone is in an IVA can they set up a Limited Company or do they need to wait until the IVA has finished?
Posted: Wed May 11, 2011 4:17 pm
by kallis3
Hi Clive and welcome to the forum.
Not sure about this at all - hopefully one of our experts will be along with some advice shortly.
Posted: Wed May 11, 2011 4:45 pm
by Drew
Hi,
You would be unable to be a Company Director if you were bankrupt but in an IVA that shouldn't be a problem. It would be worth having a chat with your IP (assuming you are already in an IVA).
Regards,
Drew
Posted: Wed May 11, 2011 5:02 pm
by kallis3
If you're not already in an IVA Clive then I'd recommend that you speak to an expert.
Visit
www.iva.com for a list of companies and reviews and give one or two a ring for some free and impartial advice.
Posted: Wed May 11, 2011 7:28 pm
by lokopaul
i,ve already asked my ip this and the answer is definately yes, although you wont be able to get credit if its a new startup
Posted: Wed May 11, 2011 7:48 pm
by kallis3
Good luck lokopaul - hope it works out for you - let us know how things are going.