I have been offered position as insurance broker, their recruitant asked me if I have ever been declared a bankrupt. I said now but I mentioned that I am on payment plan (did't say it was IVA, not in purpose just didn't think about it)
He said that as long as I'm not banktupt it's ok.
And then I have fou d an article online comparing banlrupcy and IVA and apparantely they are pretty much the same thing?
An IVA is totally different to bankruptcy. You answered truthfully so I don't think you have anything to worry about.
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
IVA and Bankruptcy are not the same thing at all, other than the end result of being debt free. If ever asked "are you or have you ever been bankrupt", you can honestly answer "No".
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014