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lulu
Junior Member
171 Posts |
 Posted - 03 September 2007 : 18:35:59
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I am due to give birth in 3 months and will stop working then. I have just gone bankrupt, and have also been offered voluntary redundancy from work.
Can the trustee take my redundancy money, which is only £9K...or is there any way they will find out about it, if I dont tell them?
It's all I have to live on, and with the baby on the way, it will be needed. |
Edited by - lulu on 04 September 2007 08:07:32 |
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Johnny Debt
Junior Member
United Kingdom
265 Posts |
Posted - 04 September 2007 : 08:47:57
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If they find the 9K, I don't think "Oops I forgot to mention it", will wash.
Other factors that need to be taken into consideration might be:
Is a partner contributing to the monthly income?
What benefits will you receive or entitled to?
Would maternity allowance be worth more than a 9K one off payment, that you are not sure is safe?
Would the redundancy offer still be available after you come out of BR?
You could also ask the OR enquiry line (02072 916895) anonymously about your dilemma? |
Edited by - Johnny Debt on 04 September 2007 08:48:52 |
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lulu
Junior Member
171 Posts |
Posted - 04 September 2007 : 10:09:34
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| Yes, partner will be supporting me when I leave..and they said they want £550 a month by IPO. They won't know about the actual payment going into the bank, and it would be worth more,especially if they take the £550 a month from my maternity pay...the thing that worries me is, if they ask me to prove that I've given up work...then what? |
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Johnny Debt
Junior Member
United Kingdom
265 Posts |
Posted - 06 September 2007 : 06:05:21
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| If your situation changes for the worse, you should inform the OR. Your IPO is not set in stone, and can be adjusted to match your current circumstances. |
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| bankruptcyhelp.org.uk Forum |
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Redundancy money
