just about to be made redundant

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tony123

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Post by tony123 » Thu Apr 17, 2008 10:47 am
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I have had an IVA for the past 2 years and I am just about to be made redundant, I would like to carry on paying the IVA as normal if I can afford to so, whilst getting another job.
Can you tell me what legally I have to do?
Thank you - Tony.
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ianmillington

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Post by ianmillington » Thu Apr 17, 2008 10:57 am
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Hi Tony

Speak to your Supervisor and say what has happened. The advance warning will be appreciated and if the Supervisor has advance notice he will be more likely to be able to cut you some slack whilst you are looking for work.

Ian
Last edited by ianmillington on Thu Apr 17, 2008 10:58 am, edited 1 time in total.
Ian Millington
Insolvency Director
PDHL Ltd (formerly Personal Debt Helpline Ltd)
www.pdhl.co.uk
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MelanieGiles

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Post by MelanieGiles » Thu Apr 17, 2008 6:10 pm
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How long have you been in the job, and are you expecting any sort of redundancy package? If so, this can be used to supplement your income in the meantime, but if you find a new job before this has been absorbed then the balance will be payable into the IVA as a windfall.
Regards, Melanie Giles, Insolvency Practitioner
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