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Dro and ltd comp

Garethgrew
Posts: 190 Forumite
in IVA & DRO
After the one year after dro can you be a directer of limited company?
Or do you have to wait six years?
Or do you have to wait six years?
0
Comments
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The 1 year, unless the restriction are extended via a restrictions order due to misconduct.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
That's interesting, and if the ltd company applies for credit then would they look at the credit file of the directors?0
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Garethgrew wrote: »That's interesting, and if the ltd company applies for credit then would they look at the credit file of the directors?
Hi
They don't have to but it's highly likely they would.
James
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0
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