yes very true i had to send a provisional reply today to the company after they sent me a redundency proposal figure , when i spoke to my IP they said it could take 3 months after i made my offer to the creditors , which i made today . i could end up getting burnt and having to hand over the excess ...

thanks foggy but yes your right its all about the timing , i just needed feed back so i could ask the right questions to my IP who have been helpful in the past

just read the andy barker newspaper comments online . spot on michael

im not offering more than is outstanding , under the iva i have to give to the creditors all monies in excess of 6 months net wages if i get a redundency pay off . they would be entitled to take it either way my hands being tied as per the iva agreement . however im trying to work out if i can ask t...

i may have the chance to take redundency voluntarily which if accepted would give me a payment of around 26k . im aware that i can only keep 6 months money for my self while i look for more work around 7k . if i dont take voluntary redundency i may find that im made redundent . there for again only ...

i have 38 months left on my 5 year IVA still to run , however i would like to consider paying of the whole amount in 1 payment . will the creditors expect the full amount to be paid or could i make a final payment offer to them through my IVA , and if so how much should i consider offering as a fina...

ive had an IVA now for the past 2 years ive had no problems at work and i work in security. i was never asked to disclose this at any time