Will an IVA affect my career adversely?

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dryd

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Post by dryd » Thu Oct 09, 2008 7:22 pm
i work in finance - investment bank. I know that employers (existinga nd potential) credit check employees. Will an IVA affect my career adversely? You cannot work in an investment bank if you have been bankrupt previously.
 
 

Adam Davies

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Post by Adam Davies » Thu Oct 09, 2008 7:44 pm
Hi
Well an IVA is a formal insolvency agreement and will be on The Insolvency Register so do take advice before going down this route.
Banks can tend to lump bankruptcy and IVAs in the same boat
Regards
Andam Davies
 
 

MelanieGiles

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Post by MelanieGiles » Thu Oct 09, 2008 9:20 pm
I have several client who work for investment banks, who have been obliged to disclose their IVA as part of the annual declaration, but who have not had their employment affected. Check your terms and conditions to be sure.
Regards, Melanie Giles, Insolvency Practitioner
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