In an IVA you are expected to continue paying your mortgage and as and when your deals finish there is nothing to stop you from negotiating new ones. However, your credit file will be damaged so if you switched to a new lender it would be at adverse rates so in most cases it is better to stay where you are.
Your employer will not be notified by the insolvency practitioner so it is only an issue if you have a contractual obligation to do so. Speak to an IP firm for some free advice and answers to all your questions and good luck with your proposal.
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