IVA when in Business

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Emie Posts: 1 Newbie

12 January 2009 at 7:25PM in IVA & DRO

Hi

I have a shop, which is leased and a number of suppliers who I am paying for stock. I have just been informed that if I go on an IVA then all my creditors (including suppliers) will need to be informed - this may affect my business so not an option I want to take.

DOes anyone know that if I go on a DPA, do my suppliers need to know? I am a sole trader, renting a house with about £45k of debt.

HELP!!

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IVA when in Business

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