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by James.wj
Fri May 31, 2013 3:08 pm
Forum: Ask IVA Forum and Industry experts
Topic: I have contacted IVA company 3 times and not been told how redundancy money will be treated.
Replies: 5
Views: 1861

Hi, I have been told I am at risk of redundancy and have received my severance settlement in writing which will be paid in october. The severance is around 38k net. I currently pay 210 per month into the iva and started it with a lump sum payment of 6250. The total debt introduced was in the region ...
by James.wj
Thu May 02, 2013 1:12 pm
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy in September. Will I be able to keep enough money to start my own business ?
Replies: 2
Views: 1155

I am currently two years through my IVA, no problems thus far but are to be made redundant in September. My occupation is that of a Financial Adviser and has been for 16 yrs. Approx. 50K of debt went into IVA and I pay £300 per month back, my redundancy will be approx £35K. I want to start my own ...
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