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Will I lose my job?

Hi

I am up to my eyeballs in debt and I can't cope much longer.

I don't see that I am going to get out without getting a payment plan in place.

My fear is that I work in a bank and I am scared that I will lose my job.

What do you all think?

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Roo1414 wrote: »
    Hi

    I am up to my eyeballs in debt and I can't cope much longer.

    I don't see that I am going to get out without getting a payment plan in place.

    My fear is that I work in a bank and I am scared that I will lose my job.

    What do you all think?
    Depends on what your contract of employment says. You might and you might not.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • amyloofoo
    amyloofoo Posts: 1,804 Forumite
    Debt-free and Proud!
    Heya,

    I used to work for NW and I understand your concerns. They may well pick up on your financial difficulties, however given that you have shown you want to pay and as long as your work stays good then I don't think there will be a problem. They tend to only really be concerned if you're showing no willingness to pay off your debts, or if you're continuing to live beyond your means (an indicator of fraud). So you may be called in to speak to your manager, but I doubt you would lose your job. Are you unionised? Your rep should be able to help.
  • Roo1414
    Roo1414 Posts: 4 Newbie
    Thank you, I think that I will give the union a call and see where I stand, maybe even HR.

    Thank you,
  • antonia1
    antonia1 Posts: 596 Forumite
    500 Posts
    Roo1414 wrote: »
    Thank you, I think that I will give the union a call and see where I stand, maybe even HR.

    Thank you,

    Make sure you speak to the union rather than HR - you need to remember that HR work for your employer, while your union works for you.
    :A If saving money is wrong, I don't want to be right. William Shatner

    CC1 [STRIKE] £9400 [/STRIKE] £9300
    CC2 [STRIKE] £800 [/STRIKE] £750
    OD [STRIKE] £1350 [/STRIKE] £1150
  • Nivea_2
    Nivea_2 Posts: 38 Forumite
    good luck x
  • TeamNicholson
    TeamNicholson Posts: 156 Forumite
    I work for a bank and one of my workmates has been declared bankrupt and still has her job. My sister in law also works for a bank (different one) and she has a terrible financial problems.

    I think you will be fine, but get advice from union and cccs.
    March'13 - Debt £13000 :eek:
    Total % paid - 0%
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