Are you still classed as Insolvent after your IVA

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Helping Hand

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Post by Helping Hand » Thu May 18, 2017 12:43 pm
Hello Forum members,

Hope all are well. So, I have a question which I am hoping experts and fellow forum members may be able to help with.

I completed my IVA in June 2013 and have been off the register for 4 years. I have recently started applying for new jobs and came across the following question:

Are you insolvent? I answered NO to this question as my understanding is that once you are off the register you are no longer Insolvent.

The question did not ask, have you been insolvent. For which the answer would have been Yes.

Was my answer correct?

Any guidance and advice much appreciated.

kallis3

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Post by kallis3 » Thu May 18, 2017 12:59 pm
Hi,

Once you have completed you are no longer insolvent. You answered correctly.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Helping Hand

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Post by Helping Hand » Thu May 18, 2017 1:36 pm
Thank you so much. What would we all do without this forum!

Kind regards

Nahdia

kallis3

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Post by kallis3 » Thu May 18, 2017 1:42 pm
:D :D :D
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

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Post by Foggy » Thu May 18, 2017 2:52 pm
Agree --- no longer insolvent :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lisa Thomas

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Post by Lisa Thomas » Thu May 18, 2017 3:34 pm
Yes -debt free and solvent!
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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