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Studying AAT and having an IVA !!!
Hi can any help on this , Ive had a IVA for over two years now and it will end in around two and half years , so 5 years in total to complete. My workplace are funding me to go to college and study AAT so I started a few weeks ago my first year of it. The tutor has advised us that if anyone has an iva or is bankrupt we needed to advise AAT obviously I wasnt aware this would be an issue until she told us. So I contacted them and advised them , I filled in the registration form and a back up letter as they requested. They have advised me that the conduct and compliance team are reviewing my case and will advise if I can become a member , which I need to be to sit exams ect... does anyone know will they reject me due to me having an IVA , I have never defaulted on it and everything is up to date. I am just worried now Ive started college and they may not let me join as a member which is going to cause me a problem. Can anyone advise me on this ??? has anyone got an iva and AAT let them join ??? any comments would be welcome as Im worried now they are going to say no.
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Surely it's up to the AAT themselves to query prospective members rather than for people to have to "self incriminate" themselves by volunteering information that has not been asked for.
If the application form states "do you have an IVA" then you would need to answer truthfully, but you cannot be expected to volunteer random information unless it's been specifically requested.0 -
It did state on the registration form do I have an iva , and they required back up letter for it so I wanted to be truthful.0
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Hi, Taken from the AAT website:
BANKRUPTCY
Applicants for Student registration
In relation to an application for Student registration, the guidleine starting point is:
Not to admit him if he is the subject of an undischarged or discharged bankruptcy order, but to admit him if the Association considers there to be mitigating circumstances.
When considering the implications of bankruptcy on potential or continued Membership or Student registration, the AAT should consider:
a) The reasons for the indebtedness, the circumstances of the bankruptcy or arrangment and the extent to which the Member, Applicant, Student or Affiliate was personally at fault.(i) The more the Member, Applicant, Student or Affiliate was personally at fault, the more appropriate to tend towards severity in the sanction, particularly if he had been reckless or dishonest.(ii) On the other hand, if there were factors beyond the control of the Member, Applicant, Student or Affiliate, this may be considered a mitigating factor.
It will be for the Applicant to satisfy the Association of suitability for Membership.
Affiliates and Students
Where an Affiliate or Student becomes bankrupt or has made any composition or entered into any formal arrangement with his creditors, he will be subject to a disciplinary investigation (in accordance with the AAT's Disciplinary Regulations).
He should be advised that if he subsequently applies for Membership, his case will be considered on an individual basis in accordance with the Association's policy on applicants for Membership.
Duty to inform the Association
The Disciplinary Regulations impose a duty on the membership to inform the Association if he is made bankrupt, or has made any composition or entered into any formal arrangement with his creditors. If he fails to do so, he will be subject to a disciplinary investigation (in accordance with the AAT's Disciplinary Regulations)."Hope for the Best
Prepare for the worst"0 -
It did state on the registration form do I have an iva , and they required back up letter for it so I wanted to be truthful.
Why don't you give them a call & chat through it, you may find you haven't got anything to be concerned about.
Good luck"Hope for the Best
Prepare for the worst"0 -
Thanks , I had a look at this to , I was just wondering if anyone has been through this and they got accepted , Im just waiting now to find out , and Im hoping it wont be a problem, think Id rather just know one way or the other.0
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Got a phone call today been accepted yey !!!0
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