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ldx
- Posts: 18
- Joined: Mon Jul 30, 2007 8:13 pm
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Post
by
ldx » Sat May 14, 2011 2:07 pm
Hey Guys
I have now received information regarding the selling of IVA's from Blair Endersby to GT. So glad for this site I find it very informative at all times. I now have 9 payments to conclude my IVA, will be made redundant in June and would like to use the money to draw a close to this chapter in my life, will this be feasible? Would appreciate some feedback, trying to keep my stress levels down.
Thanks
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Adam Davies
- Posts: 14596
- Joined: Thu Mar 29, 2007 12:21 pm
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Hi
In theory all of your redundancy payment will have to go into your IVA, less six months net pay for you to retain.
Is the redundancy for sure ?
Regards
Andam Davies
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kazzafunk
- Posts: 4749
- Joined: Sat Mar 19, 2011 6:47 pm
- Location: United Kingdom
As Andy says you can retain 6 months net pay of any redundancy. I would speak to GT next week to discuss options
