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Am i insolvent (job checks)

Posted: Tue Oct 10, 2017 6:33 pm
by darcus30
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

Re: Am i insolvent (job checks)

Posted: Tue Oct 10, 2017 7:03 pm
by Foggy
Whilst in an IVA you are insolvent --Once you have your completion certificate you are not.

Re: Am i insolvent (job checks)

Posted: Tue Oct 10, 2017 7:07 pm
by darcus30
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

Re: Am i insolvent (job checks)

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

Any guidance greatfully received

Re: Am i insolvent (job checks)

Posted: Wed Oct 11, 2017 6:57 am
by sheraz.butt
Speak to your IP and get them to send your completion certificate asap. You can then fill this in as you are not insolvent.

Re: Am i insolvent (job checks)

Posted: Wed Oct 11, 2017 7:55 am
by darcus30
Cheers guys

Re: Am i insolvent (job checks)

Posted: Wed Oct 11, 2017 8:17 am
by Michael Peoples
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.