Hi Karen - that's not nice- are you a civil servant? Only I am in the same position. I believe you can normally keep up to 6 months of your monthly salary back whilst looking for work. However, as you will be so close I would be tempted to try and negotiate to keep some of it back. You'll need to speak to your IP. If you can repay 100% plus fees then you'll keep the rest.
This would require a variation and should come down to negotiation with creditors. You have paid for a long time and this should stand in good light with creditors.
Make sure that your IP is ready to close the IVA down on receipt of the last payment. We normally can't wait to close files which are successfully completed and I know Melanie is the same. Once you have your certificate you are legally debt free and redundancy, lottery, inheritance etc is yours to keep and enjoy.
Thanks Michael - that's helpful to know if I have any say at all about when I may have to leave. I'm just looking at all the scenario's and worst case / best case at the moment.
If it is an option perhaps now may be the time to try and offer a lump sum to close down the IVA. You could then repay the money from your surplus income or the redundancy. If this is not an option fingers crossed it all works out.
