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by Matt.85
Mon Feb 03, 2014 2:43 pm
Forum: Ask IVA Forum and Industry experts
Topic: Surely it would be justifiable to use some redundancy money to replace my car ?
Replies: 3
Views: 3232

Hello, I have 4 months remaining on my IVA totaling to £1360 and I am going to be made redundant and will be receiving an amount totaling £16000. I have contacted my IP (Debt Free Direct) and they state that I have to pay all into IVA other than 6 months which is annoying but then if I get a job i...
by Matt.85
Tue Jan 21, 2014 8:37 am
Forum: Ask IVA Forum and Industry experts
Topic: Can I pay off my IVA with redundantancy money ?
Replies: 3
Views: 1150

Well nothing with regards to Redundancy amount is confirmed yet. This however is the statutory minimum I will get. Yes I would need to that money to live on. I am just worried if I am honest and dont know what is going to happen
by Matt.85
Mon Jan 20, 2014 11:59 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can I pay off my IVA with redundantancy money ?
Replies: 3
Views: 1150

Hi I have 5 months left of iva totalling 1700 pounds. I have just been told I am being made redundant and should get around 3500 can you advise what will happen? Can I pay off iva? I have never missed a payment. Please advise. Matt
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