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Posted: Thu Jul 12, 2007 2:13 pm
by Vfr
Are your employers informed if you take out an IVA?
Posted: Thu Jul 12, 2007 2:54 pm
by Adam Davies
Hi
No they are not.
However if you work in the financial services sector you will need to check the terms and conditions of your contract as they often have a clause relating to insolvency.
Regards
Andy Davie
IVA.co.uk Spokesperson
About me:
http://www.iva.co.uk/andy_davie_profile.asp
IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Posted: Thu Jul 12, 2007 3:47 pm
by Oliver
IVAs are considered more private / less public than Bankruptcy because in Bankruptcy your details are published in the local newspaper. However in an IVA your details will be placed on the Insolvency Register which is available to the public. However, this is little known about and someone would have to specifically search for a person through their name and location rather than just generally searching for everyone in an area.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp