Please advise if your employer is automatically informed when you are made bankrupt? I have nothing stipulating that I can't be bankrupt in my contract.
I dont think they inform your Employer, however if you are in a profession which has legal implications such as accountant lawyer nurse manager etc then you may have to inform them, and I think likewise if the debts are causing stress it may be a good idea to inform your manager so that they are aware of current situations and they can support or provide support.
They will only change your tax code in the financial year you go br.
Basically any tax you would pay in your wages would get paid over to the or, but as its so close to the end of the year there would not be enough time to impliment this.
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
is your employer is automatically informed ?
Posted - 26 January 2009 : 20:02:02
