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Posted: Thu Nov 08, 2007 1:19 pm
by janet.f
as an employee how would wages stand if an iva is in place with an employer

Posted: Thu Nov 08, 2007 1:22 pm
by debbiw
Hi Janet,
I've asked this question before, and from what i was told, you should look at your contract of employment, but your employer would not be advised that you were in an IVA, so they wouldn't know, unless they checked the Insolvency register, which I doubt they would.

Posted: Thu Nov 08, 2007 2:34 pm
by Andrew Graveson
Hi janet,

Is your question relating to whether any of your creditors could have debts deducted from your salary before you are paid?

If so there could be a threat of this if you are not in an IVA. If you are in an IVA this will not happen.

Andrew Graveson
Independent Mortgage Broker & Bright Oak Debt Management
andrew@brightoak.co.uk
www.brightoak.co.uk

Posted: Thu Nov 08, 2007 3:44 pm
by iva experts
Hi Janet,

You employer is not notified if you enter an IVA, the only ways your employer would know about your debts is if they look through the insolvency register, if you told them about your debt problem or if you had an attachment of earnings.

An attachment of earnings will be overwritten by the IVA was your offer has been accepted by the creditors.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/

Posted: Thu Nov 08, 2007 9:55 pm
by Adam Davies
Hi
I read the post that your employer is in an IVA.
If this is so then your wages will be unaffected as allowances for these would be made.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp