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  • FIRST POST
    • seagulls15
    • By seagulls15 30th Aug 19, 2:31 PM
    • 5Posts
    • 0Thanks
    seagulls15
    Will my company loan automatically come off my redundancy
    • #1
    • 30th Aug 19, 2:31 PM
    Will my company loan automatically come off my redundancy 30th Aug 19 at 2:31 PM
    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
Page 1
    • jonesMUFCforever
    • By jonesMUFCforever 31st Aug 19, 6:11 PM
    • 26,221 Posts
    • 13,387 Thanks
    jonesMUFCforever
    • #2
    • 31st Aug 19, 6:11 PM
    • #2
    • 31st Aug 19, 6:11 PM
    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.
    What goes around - comes around
    give lots and you will always receive lots
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