www.iva.co.uk

Hi guys

I was just wondering if anyone here who has signed up to an IVA could tell me if the the IP or anyone else asks about fraud or dishonesty convictions when signing up

Would a criminal conviction for fraud (dishonesty) cause problems with the IVA process?

Thanks in advance

Hi, I'm not sure of the answer to this but one of our experts/IP's will know. Keep it bumped up for you x

Can't remember what we were asked for but I imagine a conviction for fraud and/or dishonesty wouldn't go down well with an IP.

At the end of the day creditors make a commercial decision based on what they expect to get back. How long ago was the conviction?

I dont think it will matter much to be honest. Contact a few firms and be upfront about it and see how it goes.

Paul

I don't think we were asked when we applied for our IVA.

Can't say we were asked, but, on reflection, as an IVA does have a large element of trust involved, it is a pertinent question. As long as your IP feels that you are being upfront and totally honest with him / her, there should be no problem. After all, we ALL make mistakes.

We were not asked at the outset of our IVA.

The fact you are looking forward and wanting to clear your debts then this positive and should not have an impact on any past misbehaviours.

Does the fraud relate to a debt you are looking to include into your IVA? If so, then you will need to discuss the matter with your IP. Earlier convictions for such offences are unlikely to be of great interest to your IP, unless they continue to have some effect on your ability to earn an income for instance.