IVA & Director of a CiC?

[Mikeindebt]

I have a question about IVAs & being a director of a CiC (Community Interest Company)

I'm hoping to avoid an IVA, but if I did end up going this route, understand you can be a company director still, but not a charity trustee, but can you be a CiC director? (Community Interest Trust)?

I couldn't find any info on this specifically...

Anyone know? Or know how I would find out?

Thanks!

[dx100uk]

I would never touch an iva with a bargepole.

 

If your debt are as a result of consumer credit it's a bad idea to turn them into an iva

[Ethel Street]

No idea what the answer is I'm afraid but according to gov.uk there's something called The Office of the Regulator of Community Interest Companies who say this about themselves.

 

"The Office of the Regulator of Community Interest Companies decides whether an organisation is eligible to become, or continue to be, a community interest company (CIC). It is responsible for investigating complaints - taking action if necessary - and it provides guidance and assistance to help people set up CICs."

 

Sounds like they'd know the answer - if you can find them! I couldn't find any actual contact information for them on gov.uk.

 

EDIT  They're here according to their most recent annual report

 

Office of the Regulator of Community Interest Companies

1st Floor

Companies House

Crown Way

Cardiff

CF14 3UZ

 

gov.uk/cic-regulator

 

[email protected]