what would an IVA would be classed as?

Get expert opinion. This is the place for new questions to be posted.
16 posts Page 1 of 2
 
 

tina.ay

User avatar
Posts: 4
Joined: Mon Jun 14, 2010 5:25 pm

Post by tina.ay » Wed Jul 21, 2010 4:27 pm
I have recently been accepted for a position with the Forensic Science Service. They sent me lots of forms to fill in about Counter Terriorist Convictions and Criminal Convictions and then the last question asked very open about whether I had any substantial financial difficulties that would affect me doing this role. I answered no, as I did not feel an IVA was substantial and would definately not affect me doing my role, Does anyone know anything about this as to what an IVA would be classed as. If they had asked outright I would have answered yes, but I believed this to be meaning bancruptcy. Was I right?
 
 

kallis3

User avatar
Forum Expert
Posts: 77170
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Jul 21, 2010 4:32 pm
Hi, and welcome to the forum.

An IVA is something that you need to notify them about. If it is anything like the Police Service, you may have a problem being accepted, particularly as there are an awful lot of people applying for the same sort of position.

I think you should be truthful with them.
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
 
 

Declan at DebtFreeDirect

User avatar
Posts: 1277
Joined: Wed Jul 15, 2009 10:44 pm
Location: United Kingdom

Post by Declan at DebtFreeDirect » Wed Jul 21, 2010 4:33 pm
Hi Tina
An IVA is a legally binding agreement meaning it is listed by the Insolvency Service. However, that is the only public place it is listed and will not appear on any CRB checks. I’m not 100% sure on what certain government departments require in terms of financial admissions but should the question arise, then be open and honest. I have seen postings on here before similar to this and I do believe it hasn’t been an issue, but I sure someone will clarify more for me.

Thanks
Declan Murray
Debt Advisor
Debt Free Direct - the UK's largest IVA provider.
http://www.debtfreedirect.co.uk/iva/
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Wed Jul 21, 2010 4:38 pm
'The last question asked very open about whether I had any substantial financial difficulties that would affect me doing this role'

Tha fact that you are in an IVA means your financial situation is under control and makes you less of a security threat than someone who has hidden their debts. The same would apply to being bankrupt as I do not see how it could affect your ability to do your job.

As Declan says it is always worth being open but in my opinion you answered the question correctly.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Adam Davies

User avatar
Posts: 14596
Joined: Thu Mar 29, 2007 12:21 pm
Location:

Post by Adam Davies » Wed Jul 21, 2010 4:46 pm
Hi
I agree with Michael, your debts are under control now and your outgoings are affordable. I think you have answered truthfully
Regards
Andam Davies
 
 

kallis3

User avatar
Forum Expert
Posts: 77170
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Jul 21, 2010 4:47 pm
Regardless of whether or not you are sorting your debts out, I think that you should notify them of the situation.

I know police forces need to be notified, I have no idea about the FSS but would think it could be something similar.

Perhaps an anonymous phone call to their HR might help.
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
 
 

luluj

User avatar
Forum Expert
Posts: 11333
Joined: Sun Dec 09, 2007 6:54 am
Location: United Kingdom

Post by luluj » Wed Jul 21, 2010 5:49 pm
I with Michael and Andy - you have taken control and dealt with the situation - the job you are doing is not going to involve money by the sounds of it so shouldn't have any impact!

Hope all goes well
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
 
 

kallis3

User avatar
Forum Expert
Posts: 77170
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Jul 21, 2010 5:55 pm
I don't deal with money, but if I were applying for a job within the police force then I would have to declare an IVA.
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

User avatar
Posts: 20720
Joined: Sat Oct 21, 2006 6:08 pm
Location: United Kingdom

Post by Skippy » Wed Jul 21, 2010 6:00 pm
I would make an anonymous call to HR - I wouldn't want the worry of being found out later on.
 
 

dw1983

User avatar
Posts: 220
Joined: Thu Jun 03, 2010 7:54 pm
Location: United Kingdom

Post by dw1983 » Wed Jul 21, 2010 7:53 pm
Unless it asks and mentions IVA or bankruptcy I would say you have no need to tell them after all it wont affect your role so why would you need to tell them
Iva completed
 
 

IRHR

User avatar
Posts: 43
Joined: Thu Jun 17, 2010 2:42 pm
Location: United Kingdom

Post by IRHR » Wed Jul 21, 2010 8:31 pm
I agree that it is a very open question and the answer I would give is no if I didnt believe it would affect my job. They havent given any examples of what they consider 'substantial' or how the role may be affected? Had they been specific then it may be different; you DID have finacial difficulties but have (or are) now dealing with them.
 
 

kallis3

User avatar
Forum Expert
Posts: 77170
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Jul 21, 2010 8:35 pm
I would be totally honest and tell them. That way there are no worries.
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
 
 

Adam Davies

User avatar
Posts: 14596
Joined: Thu Mar 29, 2007 12:21 pm
Location:

Post by Adam Davies » Wed Jul 21, 2010 8:40 pm
Hi
Had they asked about either bankruptcy or an IVA then as Jan and Skippy rightly state you must answer this truthfully. However the question is a little ambiguous and can be interpreted in many ways.
Regards
Andam Davies
 
 

tina.ay

User avatar
Posts: 4
Joined: Mon Jun 14, 2010 5:25 pm

Post by tina.ay » Wed Jul 21, 2010 9:41 pm
Thank you all for your comments. I will let you all know how it turns out for future Blogs. Fingers crossed!
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Thu Jul 22, 2010 12:20 am
I would not recommend that you disclose the IVA - as the question posed does not require you to. It relies upon your own interpretation which can be neither provable nor non provable.
Regards, Melanie Giles, Insolvency Practitioner
16 posts Page 1 of 2
Return to “Ask IVA Forum and Industry experts”