Am i insolvent (job checks)

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darcus30

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Post by darcus30 » Tue Oct 10, 2017 6:33 pm
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Hi all
Just finished my 6 yr iva. Applied for and got a new job in IT.
Am currently filling in background checks. It asked are you insolvent? Am i classed as insolvent or is this if you have had your own company?
Many thanks in advance
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Foggy

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Post by Foggy » Tue Oct 10, 2017 7:03 pm
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Whilst in an IVA you are insolvent --Once you have your completion certificate you are not.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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darcus30

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Post by darcus30 » Tue Oct 10, 2017 7:07 pm
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Thank you. Not yet got certificate. So i guess i am. Will this mean i wont get the job? Worried now as was offered job pending checks but no credit check.
Will the find out
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darcus30

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Post by darcus30 » Tue Oct 10, 2017 7:15 pm
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It does not mention credit check just asked are you insolent.

Any guidance greatfully received
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sheraz.butt

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Post by sheraz.butt » Wed Oct 11, 2017 6:57 am
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Speak to your IP and get them to send your completion certificate asap. You can then fill this in as you are not insolvent.
Sheraz Butt | IVA advisor at iva.com
Contact me at www.iva.com/about-us/sheraz-butt
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darcus30

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Post by darcus30 » Wed Oct 11, 2017 7:55 am
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Cheers guys
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Michael Peoples

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Post by Michael Peoples » Wed Oct 11, 2017 8:17 am
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I agree. Once you put your IP on notice that this could affect your career they should speed matters up. It is arguable that you are not insolvent anyway as you have completed all your obligations to creditors and the delay is not your fault. However being on the IVA register is a problem so better to get that resolved. Bear in mind that your name will remain on the register for up to three months after completion so the sooner you get the case closed the better.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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