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Posted: Wed Apr 11, 2007 5:13 pm
by allan.f
I am to be made redundant (company closure) the deal is that I leave in June with pay until January.The total package inc.redundancy will be about £37k.I am 4 months into my IVA do I just continue making the monthy payments as technically my circumstances do not change incomewise until January 2008? I am paying £490/month into my iva and in June I will have 54 months left (54 x 490 = £26460) so I will have enough to cover the rest of the payments if I don't get a job.
If I do what will happen to my redundancy money?
Regards to all

Posted: Wed Apr 11, 2007 5:47 pm
by MelanieGiles
Now answered on the earlier post!

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk