would i still be able to keep my job ?

[paul s]

I work for a buliding society and have a loan with them, i am thinking of taking an iva, would i still be able to keep my job, even tho the iva is against them?

[Kazzy E]

Hi Paul. You will need to check the terms of your contract. Some jobs in financial institutions don't allow IVA's or Bankruptcy. I would hate you to go for it then to find out that your job is in jeopardy. If you can't find it in your terms, you could always make an anonymous call to your HR dept and ask the question. Kazzy x

[size5]

I find at the moment that financial institutions are, as a general rule, very anti IVA for their own staff. They are generally supportive though of DMP's, as the feeling is that it is seen to be more responsible for the staff member to pay back the debt in full.

As Kazzy says though, best to check. An anonymous call to HR, with brief details of your dilemma and your role within the organisation, should give you a clearer picture. Best to hear it from the horses mouth, so to speak.

Regards.