what happens if you were to lose your job

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bela

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Post by bela » Sun Aug 10, 2008 9:46 pm
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what happens if you were to lose your job whilst on a iva programme?
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Kazzy E

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Post by Kazzy E » Sun Aug 10, 2008 9:55 pm
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Hi bela and welcome to the forum to you too. Lots of newbies tonight! Are you already in an IVA? If so, you need to contact your IP. They will be able to advise you best. Kazzy x
There is light at the end of that dark tunnel. Promise.

Visit my blog at: http://kazzy.blogs.iva.co.uk/
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plasticdaft

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Post by plasticdaft » Sun Aug 10, 2008 9:55 pm
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Your IP would probably try to allow you time to find new employment. I believe the norm is to allow you to miss up to 3 payments before failing your IVA(not in anyones best interests),however these payments need to be made up when you are back in work.
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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moretolife

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Post by moretolife » Sun Aug 10, 2008 10:03 pm
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hi bela....just to add my welcome to you....keep reading...lots of experts here to give advice
IVA completed 11th Dec 2009 due to a Full and Final with the fantastic help of Michael Peoples and
Mc Cambridge Duffy

Visit my blog...Journey from Debt to Life Post IVA
http://moretolife.blogs.iva.co.uk
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MelanieGiles

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Post by MelanieGiles » Sun Aug 10, 2008 10:48 pm
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Would you be entitled to receive any redundancy pay? If so, this ought to be used to compensate your loss of earnings whilst you look for a new job, but if new employment had not been found by the time the monies had been used up then you might need to formally request a short payment break.
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Sun Aug 10, 2008 11:03 pm
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Hi Bela, welcome from me too.

You'll find plenty of advice and support on here.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Viki.W

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Post by Viki.W » Sun Aug 10, 2008 11:08 pm
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Hey Bela, welcome to the forum. Are you in an IVA or just thinking about it? X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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