Who needs/will be informed of an IVA

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Yellow_Rose

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Post by Yellow_Rose » Thu Mar 11, 2010 8:28 pm
Sorry if it seems like I am asking a silly question. I have searched this fab site for the answer but cant seem to find it. I would like to know who needs to be informed of a persons IVA other than the creditors? for example would my employees need to know?

Thanks in anticipation
 
 

plasticdaft

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Post by plasticdaft » Thu Mar 11, 2010 8:32 pm
Some contracts of employment do require that you disclose an iva. If you are unsure check your contract or maybe an anonymous call to your company HR department would answer your query.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

Yellow_Rose

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Post by Yellow_Rose » Thu Mar 11, 2010 8:34 pm
Thank you Paul, still trying to weigh it all up.
 
 

MelanieGiles

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Post by MelanieGiles » Thu Mar 11, 2010 9:48 pm
Your employers would also need to know if you owed them any money - for instance if you had a staff loan. What do you do for a living as a matter of interest?
Regards, Melanie Giles, Insolvency Practitioner
 
 

Yellow_Rose

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Post by Yellow_Rose » Thu Mar 11, 2010 9:50 pm
Thank you Melanie, I am a software tester.
 
 

MelanieGiles

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Post by MelanieGiles » Thu Mar 11, 2010 9:57 pm
Then I cannot see any reason why your employers would need to be notified of your intention to propose an IVA, but do check your contract to be sure.
Regards, Melanie Giles, Insolvency Practitioner
 
 

kallis3

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Post by kallis3 » Fri Mar 12, 2010 10:53 am
My employer knows nothing about my IVA at all and I work for the police.
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
 
 

flow13

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Post by flow13 » Fri Mar 12, 2010 3:22 pm
I work in IT and my employers don't know about my IVA - just 1 colleague who is going through an IVa themselves. x
Its now time to start living and to make some some wonderful memories!
Read my blog at http://flow13.blogs.iva.co.uk/ 'Aiming for the finish line'
 
 

Yellow_Rose

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Post by Yellow_Rose » Fri Mar 12, 2010 6:22 pm
Thank you, that's reassuring.
 
 

johnB

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Post by johnB » Mon Mar 15, 2010 1:29 pm
I work in finance and I didn't inform my employer of my IVA. I checked the wording of the contract and it ask me to, so I didn't.

They have never asked about my personal finances nor requested to undergo any form or credit referencing.

The only people who know are me, my IP, my family and my partner.
 
 

kelly05

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Post by kelly05 » Thu Mar 25, 2010 11:23 pm
I think I read earlier that your IP tells Tax Credits if you receive them..?? Is that right??
I work for my Local Authority and didnt have to tell them.
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