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Will my company loan automatically come off my redundancy
seagulls15
Posts: 5 Forumite
Hi
I was made redundant in June and my employer put the company into liquidation, and we have never had any communication from the director since.
When I filled out my redundancy claim from the government I was asked a question do you owe your employer any money. I answered yes a £3750 company loan for a car.
This has never been brought up by the liquidators to date, I was wondering if it would be taken immediately from my government redundancy entitlement.
Has anybody experienced this?
Thanks
I was made redundant in June and my employer put the company into liquidation, and we have never had any communication from the director since.
When I filled out my redundancy claim from the government I was asked a question do you owe your employer any money. I answered yes a £3750 company loan for a car.
This has never been brought up by the liquidators to date, I was wondering if it would be taken immediately from my government redundancy entitlement.
Has anybody experienced this?
Thanks
0
Comments
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I don't know for certain but as the company will not be paying you the redundancy I doubt if they will.
However expect the liquidators to contact you about the loan at some time as this will form a debt owed to the company.0
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