If I take our an IVA do my employers have to know?

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Chris.a

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Post by Chris.a » Sun May 16, 2010 10:24 am
If I take our an IVA do my employers have to know?
 
 

Shining

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Post by Shining » Sun May 16, 2010 10:28 am
Hi Chris and welcome to the forum. In most cases I think the answer is no, but again I think it would depend on your job/position. What do you do? I teach and my employers don't know about my financial business. One of our proffesionals will be along soon to advise further. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

kallis3

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Post by kallis3 » Sun May 16, 2010 10:29 am
Hi and welcome to the forum.

Depending upon what your job is, or what your companies policy is, then your employer doesn't need to be informed.
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
 
 

Skippy

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Post by Skippy » Sun May 16, 2010 11:32 am
Hi and welcome to the forum.

Check your contract of employment, but for most cases your employer won't need to know.
 
 

Julie

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Post by Julie » Sun May 16, 2010 2:31 pm
Hi and welcome to the forum [:)]

I agree with the others, check your contract. In most cases you wouldn't need to tell your employer, although it's getting more common for new contracts to include a clause that dictates "any legal agreement with creditors must be disclosed" .

Let us know if you have any problems xx
 
 

MelanieGiles

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Post by MelanieGiles » Sun May 16, 2010 2:44 pm
It is pretty unlikely - but as the other posters have suggested check out the T&Cs in your own contract or have a confidential chat with your HR department.
Regards, Melanie Giles, Insolvency Practitioner
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