If you were a Borough Councillor and were thinking of going down the IVA route would you have to declare it or would you have to cease as a Councillor ?
I have no idea on this, but would think you would be ok.
Hopefully one of the experts will be along with further advice.
Not 100% sure though.
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
I am a local town councillor and I have not had to declare this - however my role is completely volunatary with NO expenses even for mileage - there are some guidelines in the Code of Conduct and I think Bankruptcy is mentioned. Borough councils tend to pay expenses to their Councillors so this may be different
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
No - I have several clients who hold such positions. In one case their position was challenged by a hostile political opponent who discovered their details on the Insolvency Register - but they were thankfully thwarted in their efforts.