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by emmasteps
Wed Jan 12, 2011 3:00 pm
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy pay out
Replies: 4
Views: 1250

Hey there...I am currently in an iva and have been for 19months. I was just under £17k on debt. I have been given a heads up at work and told that redundancy is on the cards very soon. My redundacy payout is hopefully gonna be around £4.5k. I think I will be getting another job straight away. Will...
by emmasteps
Sat Apr 04, 2009 6:06 pm
Forum: Ask IVA Forum and Industry experts
Topic: I owe 8 credit cards total amount of £16000.
Replies: 2
Views: 761

I owe 8 credit cards total amount of £16000. I live with my mum so do not own my own house or do I have a car.

i take home £1000 a month. My credt card bills are £450 and I pay rent of £350.

Is bankruptsy my best option as I have no assets or an IVA? Whats the difference fo rmy circumstance?
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