www.iva.co.uk

Hi. I''ve been in an IVA for just over two and a half years now and I found out in December that my company are cutting over 300 jobs and mine is one of them! They are offering voluntary redundancy at the moment and I have been quoted a total of £19,924.00 to leave now. Compulsory redundancies will begin in March and I understand the money for that will be far less than the voluntary packages being offered now. So naturally, I am keen to take the larger offer and go this month. However, can I be penalized by my IVA company if I take voluntary redundancy? Could they lay claim to some, or all of this money as some sort of windfall? Am I better off waiting for compulsory redundancy in March? I''d be really grateful for your advice on this matter.

Hi,

I do not think you would be penalised at all but best to take advice from your IP themselves.

Your redundancy would be used to pay all of your bills until you found alternative employment and whatever is left could be looked on as a windfall and have to be paid over

This has been dealt with on an earlier post. Is there something wrong with the forum this morning, as a lot of the new posts appear to be duplicates?

Something strange does seem to be going on.

It does indeed, the last post I made, and the subject it was on have disappeared completely!!

Regards.

Nothing to do with me! I've not deleted any posts or threads this morning!

The forum gremlins must be at work again!