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Help with IVA please

billythekid21
Posts: 1 Newbie
in IVA & DRO
I am currently going through my 5 year IVA process and have about 14 months of repayments left to make!
However a situation has arose where I have been offered shares in a family business, basically my father is retiring and wants to give me his shares in the company! Can the company I have my IVA with claim any of the divened I recieve on these shares for this and next year??
However a situation has arose where I have been offered shares in a family business, basically my father is retiring and wants to give me his shares in the company! Can the company I have my IVA with claim any of the divened I recieve on these shares for this and next year??
0
Comments
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Definitely yes...
Plus the shares would have a value that you might be forced to cash in on!
Just wait 14 months!Would you ask the wolves to look after the sheep?
CCCS funded by banks0
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