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Posted: Thu May 15, 2008 10:03 pm
by lizra
If you have a iva can you start up a company
Posted: Thu May 15, 2008 10:26 pm
by Viki.W
Hey lizra, welcome to the forum, an expert will be along to help you soon. You are in the right place for advice. Maybe you could post a few more details. Viki X
Posted: Thu May 15, 2008 10:37 pm
by carlmcmullen
I would not say there would be a problem in setting up a company, there is nothing to say you cant.
However you need to consider the restrictions you have on obtaining credit, and will this restrict your intended business, the company would have to be set up without taking on a loan and you may also find it hard to get a business bank account.
Providing you can maintain your IVA payments and there is no change (decrease) in you payment then it is normally ok.