Councillor down the Swanny

Get expert opinion. This is the place for new questions to be posted.
56 posts Page 4 of 4
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Mon Aug 10, 2009 2:55 pm
It does seem odd for the restriction to apply for three years after discharge from your IVA unless you have paid in full. It would be better to petition for bankruptcy as the disqualification would only last for four years if the debtor is discharged after twelve months rather than 8,9 or even 10 years depending on the length of the IVA.
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
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Mon Aug 10, 2009 2:58 pm
I think it is silly as well, but when I checked on the application forms for a couple of forces, that's what it said.

I still think it is wrong that having got yourself sorted out with your money, you're not allowed to do certain things.
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
 
 

Skippy

User avatar
Posts: 20720
Joined: Sat Oct 21, 2006 6:08 pm
Location: United Kingdom

Post by Skippy » Mon Aug 10, 2009 4:01 pm
I recently wrote to my local police force to ask for their criteria and it's 3 years after discharge from BR or IVA. It seems a bit daft really as we are being responsible and dealing with our debts.
 
 

stonecoldbroke

User avatar
Posts: 21
Joined: Sat Aug 01, 2009 7:58 pm
Location:

Post by stonecoldbroke » Mon Aug 10, 2009 4:34 pm
does anybody know ... if you are already employed by a police force as a member of support staff, can they dismiss you for going bankrupt or being in an IVA??
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Mon Aug 10, 2009 4:53 pm
I do not believe so but Jan can let you know for sure. If in doubt check your contract or have a word with HR or the Federation on a no names basis.
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
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Mon Aug 10, 2009 4:56 pm
You should be ok, I work for a police force and I haven't told them at all but I wouldn't be dismissed if I did.

I've just not told them as I think it is my business, not theirs.
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
 
 

stonecoldbroke

User avatar
Posts: 21
Joined: Sat Aug 01, 2009 7:58 pm
Location:

Post by stonecoldbroke » Mon Aug 10, 2009 5:40 pm
Thank you. That is a weight off my mind!![:)]
 
 

futureisgood

User avatar
Posts: 57
Joined: Sun Mar 15, 2009 12:18 pm
Location: United Kingdom

Post by futureisgood » Tue Aug 11, 2009 12:03 pm
MP's are allowed to sit in the house of commons whilst bankrupt - I remember several years ago the honourable member for Crewe being publicly made bankrupt and she remained an MP. Surely if you can be an MP you can be a local councillor??
IVA Completed! :-)
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Tue Aug 11, 2009 12:07 pm
Since when did MP's ever live by the same set of rules as the rest of us!
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
 
 

johnnybriggs

User avatar
Posts: 338
Joined: Tue Mar 04, 2008 9:09 am
Location: United Kingdom

Post by johnnybriggs » Tue Aug 11, 2009 12:28 pm
I'm pretty sure you can't be an MP and bankrupt although you do get some time to come to an arrangement with your creditors.
JB
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Tue Aug 11, 2009 12:31 pm
You cannot act as an MP whilst bankrupt, without leave of the Court.
Regards, Melanie Giles, Insolvency Practitioner
56 posts Page 4 of 4
Return to “Ask IVA Forum and Industry experts”