i am in the armed forces

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sm51

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Post by sm51 » Wed Jan 07, 2009 11:10 am
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i am in the armed forces, would my employer need to know, is there a difference for normal iva agreements
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MelanieGiles

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Post by MelanieGiles » Wed Jan 07, 2009 11:16 am
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Hi there and welcome to the forum

If you enter into an IVA there is no requirement for you to inform your employer, as this is a private arrangement between you and your creditors.

If you are required to have a higher level of vetting, depending upon your trade, rank or role, then the IVA would need to be disclosed, and you would need to complete a fuller financial disclosure.
Regards, Melanie Giles, Insolvency Practitioner
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