what happens to my ltd company if i go for IVA ?

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a.a

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Post by a.a » Thu Jul 10, 2008 11:20 pm
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Hi
I am a director of a ltd company if i go for IVA what happens to my ltd company. Also am i a able to take any bt landlines etc...
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MelanieGiles

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Post by MelanieGiles » Thu Jul 10, 2008 11:27 pm
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Hi aa and welcome to the forum

Technically nothing will happen to your limited company, as it is a separate legal entity in its own right and providing it is not insolvent it can carry on trading with you acting as a director. There should be no problem in getting telephone accounts in the name of the company, as this should not involve a personal credit check.
Regards, Melanie Giles, Insolvency Practitioner
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