Worried about losing my job if I enter an IVA arrangement

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Dave.c

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Post by Dave.c » Sat Sep 27, 2014 11:41 am
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I work with financial data for a credit reference agency at a management level. I have not disclosed to my firm that I am entering an iva arrangement. I have checked my contract and there is no reference on impact of job if I entered an iva. Do you think there could be a policy I am not aware of which could cause me to lose my job but not referred in my contract. This is worrying me
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Foggy

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Post by Foggy » Sat Sep 27, 2014 11:46 am
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Hi. Best bet is to check with HR (preferably anonymously).
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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TzeKin

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Post by TzeKin » Sat Sep 27, 2014 1:20 pm
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If you haven't been told you have to report a pending iva or BRuptcy in your employment contract then you are not required to say!

Some jobs require that disclosure report like say the Police and it still doesn't mean you lose you job.
I would sit tight and say nothing.
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steve9864

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Post by steve9864 » Sun Sep 28, 2014 9:42 am
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Hi. I didn't disclose my iva. As far as I'm concerned it's my business as long as you do your job.
steve98649870
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MikeyM

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Post by MikeyM » Sun Sep 28, 2014 5:34 pm
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I've never disclosed mine to my employer. There's nothing in my contract of employment or HR Policies and Procedures which requires me to. So as far as I am concerned they don't need to be told.
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UpToMyNeckInIt

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Post by UpToMyNeckInIt » Sun Sep 28, 2014 6:29 pm
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Agree with the above: If there is nothing in your employment terms requiring iva disclosure, then there is no requirement to volunteer this information to your employer.
My opinions are just that: Based on my experience and being a self-employed IVA customer.
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bridgey

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Post by bridgey » Mon Sep 29, 2014 1:38 pm
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If you're at a managerial level, you could ask HR 'for a member of staff, off the record'.

But if nothing is stated in contract or in employee handbook etc etc, shouldnt be a problem
Half the lies you tell aint true
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Shining

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Post by Shining » Mon Sep 29, 2014 5:14 pm
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I would agree with others if it doesn't require you to in your T&C's of employment then keep quiet. Welcome to the forum too.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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kazzafunk

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Post by kazzafunk » Mon Sep 29, 2014 9:54 pm
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I agree with the others. If it's not in your t&c's keep quiet!
Kazza

Please visit my blog:
http://kazzafunk.blogs.iva.co.uk/

IVA completed 21/03/2012
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