Does anyone know what may or will happen with any redundancy payment that I receive after I have handed my forms in at court? I have handed in my forms at court and I'm waiting for the OR to get in contact with me.
I work for the local Council and we have been told that redundancies will be happening around September/October 2010 (unknown if it will be me)
I owe approx 20k and I think I will be entitled to about £4000 redundancy.
You will need to declare any redundancy payments that you receive to the OR and they will probably take all, or at least a large chunk, of the money and pay it to your creditors.
Redundancy Payments
Posted - 11 August 2010 : 10:33:13
