BBL and IVA’s

Ianwarfield

I have a business and iv ended up putting myself into a IVA to keep to business afloat and iv taken a BBL via the company iv you are responsible for paying back the BBL even if I closed the company wouldn’t that stand to reason I should be able to add the BBL to my IVA and keep to company going my understanding is the defaults will be paid by the government as they are the guarantor but the loan taken is payable by the person or director who have taken it out on behalf of the company.

any advice would be great