bankruptcy

[Aliceband]

My sister in law has gone bankrupt and is going for promotion at work. She is worried her boss will find out. Apart from the local paper. Is there a web site anyone could find out that she has gone bankrupt. She is worried about this.

[dzug]

If they run a credit check on her they will find out. Some companies do this as a matter of routine, most probably don't bother.

[themas]

There is a register of bankruptcies which can be accessed from the Insolvency Service site. Also, in some cases, the tax code of the bankrupt is changed (for the tax year in which they went bankrupt) to NT, and the employer's pay office is given this code to implement by Inland Revenue. They are not told it has been done because of bankruptcy, but might suspect this from general knowledge.

Why is she worried? Unless she is in a very sensitive (financially) job or a restricted profession (eg some accountancy bodies) there should be no problems and it could well be unfair dismissal if they sacked her.

[Aliceband]

Thanks for your replies dzug and themas. Will pass them on to sis in law.

Themas, she is worried as the promotion she is going for is management, (not sure of all the details) and she thinks if they find out she has gone bankrupt (not the first time either!) then they will not let her continue with the course, as it costing her firm quite a bit of money to get her through it.

[myvesta-sean]

Hi Aliceband,

This question is also addressed on the Mvvesta Online Bankruptcy Video Question & Answer series too.

http://myvesta.org.uk/media/video/bankruptcy/i ndex.html

Hope this helps!

Regards

Sean

[Aliceband]

Thanks for the link Sean.