We are 3 months into our interlocking IVA. My partners work is becoming intolerable for him and he is looking to leave ASAP. He would sign onto an agency and look for work immediately so hopefulky he will be able to work a 4 week notice period at his current place. Then start new somewhere else. Fingers crossed!
My question is....are you able to leave employment by resignation whilst in an IVA? I've checked our paperwork and can't find anything that relates.
You are allowed to resign .... an IVA isn't designed to make life unbearable. An intolerable work situation could lead to ill health, which could affect the IVA in the longer term, so sorting things out to make the future more secure would be acceptable. However, you should also have an eye on the consequences regarding keeping the IVA viable.
Speak to your IP if things don't quite pan out .. maybe agree a payment break (which will be added back on at the end) -- but try not to fall back on lifelines unless it can't be helped as they are only limited in number and best kept as a matter of last resort.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk
Fingers crossed he gets a new job soon. No point staying in a job where you are not happy.
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