Privacy and Employment

Will My Employer Find Out About My Trust Deed?

One of the most common concerns. Here is an honest, detailed look at what is public and what is not.

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The Public Register

All Protected Trust Deeds are recorded on the Register of Insolvencies, maintained by the Accountant in Bankruptcy (AiB) and publicly searchable online. Your name, address, and the date of your Trust Deed are all listed.

In addition, a notice is placed in the Edinburgh Gazette when your Trust Deed is granted protected status and again when you receive your discharge.

Do Employers Check the Register?

The vast majority of employers do not routinely search the Register of Insolvencies. It is not connected to standard employment checks, DBS checks, or references. Unless someone is specifically looking for your name on the AiB register, they are very unlikely to find it.

Important: You are not legally required to tell your current employer about your Trust Deed unless your employment contract or professional body requires disclosure of insolvency proceedings.

Professions That May Be Affected

Certain careers do carry restrictions when you enter a formal insolvency arrangement. You should carefully review your employment contract and any professional body rules if you work in:

  • Financial services (FCA-regulated roles) - you may be required to disclose insolvency and could be barred from certain approved person roles
  • Law and accountancy - some regulatory bodies have rules around practising whilst insolvent
  • The armed forces or certain civil service positions
  • Company directorships - whilst a PTD does not automatically bar you from being a director, your company articles or lenders covenants may have restrictions
  • Some roles in education or social care (depends on employer policy)

What About New Employment?

When applying for new jobs, you are generally not required to volunteer information about a Trust Deed. However, if an application form specifically asks whether you have been subject to insolvency proceedings, you must answer honestly - failing to do so could constitute fraud.

Background checks for roles in finance, legal, or government sectors sometimes include credit or insolvency checks. In these cases, your Trust Deed would be visible.

Practical Steps

  • Read your employment contract for any insolvency disclosure clauses
  • Check with your professional regulatory body if you are in a regulated industry
  • Speak to your Insolvency Practitioner about your specific profession before proceeding

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