Pre-employment screening and MVL question - help

[DesDixon]

Never had this one before (not that I can recall anyway) and I've worked in Finance for a long time.

Question is:

Have you been a director, partner, or concerned in the management, of a business that has gone into insolvency, liquidation or administration or been wound up, ceased trading or entered into any voluntary arrangement with its creditors whilst connected with that organisation or within one year of that connection?

Do I need to declare my previous MVL?

[europetractor]

Answer, "not as much as your financial institution has" ... btw what is mvl ?

[DesDixon]

Answer, "not as much as your financial institution has" ... btw what is mvl ?

Click the 'MVL' link to the right of the web page for more info.

[northernladuk]

Isn't MVL a voluntary arrangement which it asks for so the answer is yes you do?

[barrydidit]

Yes, you have been involved in a liquidation, but an MVL isn't a liquidation which has been forced by creditors. Credit reference agencies record the reasons for a liquidation, so you would easily be able to evidence that yours was voluntary, no creditors objected and all is above board. Having said all that, I think what this question is getting at is whether there was a creditors liquidation - i'd be tempted to phone the screening persons to clarify what they're after. It's not as though it's a scenario they won't have come across before after all.

[Lance]

It sounds like a basic credit check so ring them and clarify.
However if the MVL is recent and you're in the same trade you may have a bigger problem, as I believe you can't just wind your company to get funds and just setup again.