Posted: Thu Mar 15, 2007 9:24 am
Does entering into an IVA effect my Financial Services Authority (FSA) registration as a "fit and proper person" / "financial soundness". I quote from the FSA rule book - "whether the person has been the subject of any judgment debt or award in the UK or elsewhere that remains outstanding or was not satisfied within a reasonable period
whether the person has (in the UK or elsewhere) made any arrangements with their creditors, filed for bankruptcy, been adjudged bankrupt, had assets sequestrated, or been involved in proceedings relating to any of these. "
whether the person has (in the UK or elsewhere) made any arrangements with their creditors, filed for bankruptcy, been adjudged bankrupt, had assets sequestrated, or been involved in proceedings relating to any of these. "