My partner and I have 12 months remaining on a joint iva.
She is being made redundant soon and the entire redundancy pay will satisfy a f&f settlement.
However, she will be looking to be starting a new job almost immediately. I was informed In this case that the full redundancy is payable, and we will have to continue with the monthly payments until the conclusion of the arrangement.
Can we not just utilise the redundancy to settle the arrangement without having to continue on to the conclusion of the iva?
I would be grateful for your input.
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