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Redundancy while in a DMP

theoretical question. If someone received a redunancy payment whilst in a DMP would they have to use it for debts or could they use it to live on, say for a year or two years, while trying to get another job or set up a small business? and then went BR, would that be seen as a Bankruptcy offence for not using it to pay off debts when already in financial trouble?

Comments

  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    Hi Bella I would post your question on the DFW Board too.

    The Debt-Free Wannabe Board - Click here

    Best wishes
    IF
    "If wishes were horses, then beggars would ride"
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