www.iva.co.uk

Hi All,

I am in my final year of my IVA and currently looking for jobs. I work in the insurance industry but have an interview with one of the big 4 consultancies this week. Furthermore, i want to leave my job as i am contracting and want to go permanent and feel a bit more secure with my job and not be worried about renewals coming up. I am so worried that if i get any job, the offer will be rescinded as i am in financial services and the pre-employment checks will run a credit report. I got my current job whilst in the IVA but i am just so worried. Does anyone have experience of working in Insurance / finance industry and being declined a role due to an IVA? Some recruiters have asked upfront if i have CCJs, Bankruptcy or IVA and then i hear nothing from them when answering. Any details that can be given would be amazing.

It is always best to be honest about these things. You could always make an anonymous call to HR to see what their stance is. Things will vary from company to company.

This issue has been debated on the forum before and the consensus of opinion in generally that it's always better to be honest and up-front, rather than be constantly looking over your shoulder even if you are successful. Ultimately it is at the firm's discretion rather than the regulator and they will normally look at the level of 'risk' you represent. This may depend on the role you perform. They are simply required to ensure that there are sufficient checks and balances in place but that applies to everyone, not just you. As a firm we have to do the same with our staff. We've employed people in the past who have had previous credit difficulties, and they are often amongst the best we have. Best of luck with it.