If I have an IVA and I am made redundant

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michelled

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Post by michelled » Fri Feb 06, 2009 12:35 pm
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If I have an IVA and I am made redundant will I have to pay my redundancy money into the IVA?
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MelanieGiles

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Post by MelanieGiles » Fri Feb 06, 2009 12:41 pm
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Hi there and welcome to the forum

Yes - subject to you being allowed to retain enought money to replace your lost income until you find another job - which can usually be for up to six months.
Regards, Melanie Giles, Insolvency Practitioner
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