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tricer
Starting Member
United Kingdom
43 Posts |
 Posted - 22 February 2011 : 10:05:57
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| Hi, my husband has been offered a new job. When he puts his notice in to his current employer and leaves he will receive payment for the 5 weeks holiday entitlement. Will he have to pay this in to our bankruptcy? Many thanks |
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tricer
Starting Member
United Kingdom
43 Posts |
Posted - 24 February 2011 : 11:31:58
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| Any idea anyone? Thanks |
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glafy
forum expert
436 Posts |
Posted - 24 February 2011 : 12:11:53
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Hi Tricer,
Sorry I don't know the answer to this one.
Hope someone will be along soon to answer for you.
"Good things come to those who wait".....I'm a patient person but this is taking the Mickey!! |
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tricer
Starting Member
United Kingdom
43 Posts |
Posted - 03 March 2011 : 18:45:07
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| Thanks Gladfy, BigAl do you have any idea? I know you used to work in the insolvency service, is this something the OR would take off us? Thanks |
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Bigal4787
forum expert
United Kingdom
641 Posts |
Posted - 04 March 2011 : 14:37:32
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Hi Tricer,
The OR will probably allow your husband to keep a proportion of it(to help with living costs, unexpected car repair bills etc), with the remainder going into the bankruptcy estate. Is your husband paying into an IPA? and remember he will have to notify the OR of the change of circumstances
Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
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tricer
Starting Member
United Kingdom
43 Posts |
Posted - 04 March 2011 : 20:25:33
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| Hi Bigal thanks for reply. We dont have an IPA as our outgoings more than income, OR is going to review our Income and expenditure again April, nothing will have changed, hope she puts us for ED. There will be a gap before my husband starts his new job anyway so we'll have to use the holiday pay towards our bills etc. Thanks |
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Hi, my husband has been offered a new job.
