www.iva.co.uk

Do you have to let your employer know if you are in an iva ?

No you don't. Mine have not idea at all that I am in an IVA.

Ok thanks for that

It may be worth checking your contract and employee handbook to be sure. When I worked for a bank, they brought in a policy about disclosing any compromise agreements. I believe that's fairly standard across financial services. So there may be other examples too where sectors, job roles or individual companies require disclosure of an impaired financial status.

Good point worth checking. I'm in the public sector. I'll check tomorrow when I'm on shift

Agree that it does depend upon where you work - I'm public sector, my contract doesn't stipulate that I should tell my employer and, almost four years in, they stil don't know and that's the way I intend it to stay.

I'm public sector too, can't say I recall anything in my contract, and employee handbook? not sure I've ever seen one of those! although working for a large NHS Trust they have over a zillion policies for things you can't even begin to imagine so might have to have a look myself.

Although, the current status is, work don't know and I have no intention of them knowing if I can help it

I don't particularly want them to know. They have a policy regarding bankruptcy but not sure about iva. I'll check knit out tomorrow

Lem - my old place had a Policies Policy! That king of thing could go on forever...a Policies Policy Policy perhaps?

Would there be a policy for the policy's policy policy ?

I've just never informed my employer and, so far, they've not found out and I have every intention that they won't.

[:)][:)][:)] I'm starting to feel dizzy now!!!

Did you say dizzy or ditzy ?

actually they do have a policy for policies!

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Broke of London

It may be worth checking your contract and employee handbook to be sure. When I worked for a bank, they brought in a policy about disclosing any compromise agreements. I believe that's fairly standard across financial services. So there may be other examples too where sectors, job roles or individual companies require disclosure of an impaired financial status.

Yes indeed there used to be a bankruptcy clause in the employment contract that if you ever went bankrupt then your employment would be terminated.

They did a credit search on joining the bank too, and they could run a check on you at anytime during your employment. All in the T&C's you sign on joining.

Not sure what it said about IVA's though, probably the same would apply.

I left banking though long before I went into a IVA and my current employer does not know anything about my past IVA, unless they check the insolvency register at somepoint but I some how doubt it. I stopped short of applying for a role which required a "background check" a few weeks back cause they know nothing and I'd like to keep it that way.