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grantspants
Junior Member
United Kingdom
297 Posts |
 Posted - 04 December 2008 : 15:36:33
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Hi folks,
I have a couple of questions, concerning bankruptcy, redundancy and emmigration, can anyone help?
I am currently BR, and there is a chance I may be made redundant soon, how would the OR view any redundancy payment I may get?
At present I don't have an IPA as such although they did say they wanted my tax, which hasn't happened yet, this month it may start.
Also, I may emmigrate abroad next year anyway, and any payment I get would probably be needed to set myself up when I get there, i.e Rental property, shipping some stuff (including dog!), furniture, and maybe a cheap car.
I understand I can deal with the OR from abroad, but I am concerned about the redundancy as if I do go abroad I'm gonna be starting from scratch and the more money I can scrape together the better.
If anyone can give me some solid advice it would be most appreciated.
Many thanks
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 04 December 2008 : 15:48:50
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Hi Grantspants,
The OR indeed would have a claim on any redundancy payments during your BR. However, my understanding is that this can be negotiated.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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grantspants
Junior Member
United Kingdom
297 Posts |
Posted - 04 December 2008 : 15:51:35
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Thanks Julian,
If you didn't have a job to go to would they have a claim on it, if it was your only income and you had to live on it? |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 04 December 2008 : 15:59:01
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Hi Grantspants,
There would still be a claim, but that's where the negotiation would come in.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Redundancy
