Im been made redundant, payout will be less than £16000 ( £5000 will go straight on my Iva that I have) will it affect my u/c that I’m currently receiving? I have 2 kids 6 years and 8 month old.
Yes it will, these people don’t like you to have savings. Suggest you put it in children’s name. You will earn more interest . Good luck and don’t spend it if you can!!
Hi Happychops, you can call Gingerbread’s free helpline – our advisers can offer advice on a range of issues. The number is 0808 802 0925 and the opening hours are Monday 10-6, Tuesday, Thursday and Friday 10-4 and Weds 10-1 and 5-7. Kind regards, Carmen.
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