I am a creditor to a person that is applying for an IVA who is also my friend. Will the money that was lent personally to the friend be covered under the IVA for my friend's business. Repayment has been promised to me on completion of the sale of premises but then I was also asked if i want to be included in the dividend or be waved from this. Do these two contradict ?
Hello there - it would be better for you to post on our sister site www.iva.com you will have access to Insolvency Practitioners who will clrify your position Melanie
Melanie Nicholas CertDR 30+years insolvency experience - 23 of which in the Insolvency Service and the past 8 years with a number of IP firms.
If I can be of any help to you in any way or answer any queries, concerns or worries you may have, or with completing the forms for bankruptcy, please do not hesitate to get in touch -I can be contacted via the experts tab
apologies - fingers acted befoe me (too early...iva.co.uk)I'll go and have my morning cuppa...
Melanie Nicholas CertDR 30+years insolvency experience - 23 of which in the Insolvency Service and the past 8 years with a number of IP firms.
If I can be of any help to you in any way or answer any queries, concerns or worries you may have, or with completing the forms for bankruptcy, please do not hesitate to get in touch -I can be contacted via the experts tab
I am a creditor to my friend who is applying for an IVA
Posted - 19 April 2012 : 01:07:11
