www.iva.co.uk

Firstly, this is not a question, more a light-hearted comment.

Having last week settled my IVA in full with interest, this week Lloyd's TSB (my most major creditor...35%)announced that they are able to repay the billions owed to the tax payer. (Reminded me a bit of my friend remarking that when I cut up my credit cards we would be plunged into an economic meltdown..... and we were[:p])

I like to think I did my bit......[:D]

.....unfortunately though, it turns out that Lloyd's are closing down all their C&G branches with the loss of 1500 jobs. Lucky then, that they gave us our money back in time to help all those unemployed C&G staff [:(]

Good luck to anyone who has a creditor's meeting coming up. If you're reading this site, you're in safe hands!!

Peace and Light

N.

How sad for the employees who will be losing their jobs. You do wonder some times when all of this is going to end.

Just awful for C&G workers. I really loathe my job but am just grateful to have one, even though budget cuts late last year meant I was £400 per month worse off. Made paying the IVA very tough. I shivered through through the winter, bought clothes on Ebay, became the bogoff expert, gave up all alcohol, cut my smoking habit by a quarter, moved out of my flat and went into a flat share.
If my IVA had failed and I'd had to go BR, I wouldn't have had a job either.

Now, with a much clearer head I am seriously thinking of volunteering at the CAB or joining the Samaritans just to feel as if I can do something positive in an increasingly desperate situation.

What a good idea nic. It would be good for a CAB office to have someone with experience of debt working for them.

On top of the C&G jobs (which I think is terrible), don't forget the 800+ jobs going at LDV and also the rumour that 800 jobs will be going at the Forensic Science Service over the next couple of years.

I think this site's members will be increasing significantly in the not too distant future.

I agree it's very unsettling. I to work for an old hbos division that is now lloyds. We all had to reapply for our jobs recently and 350 people lost their jobs. I agree with melanie it must surely end sometime!

Trouble is though Paul, it might take a long time before all these redundancies stop. I remember the recession in the 90's and it was nowhere near as bad as it is now.