Welcome to the forum Gordo_ss.

Your trustee will not necessarily be prepared to discharge you before the end of the term agreed at the start. It's a question to ask them to see where they stand on this.

Only if you've actually been discharged will you be able to keep any extra payment from your employer. The "statutory" element should be yours either way.

At the time of signing I remember being told that after the 36 month period I could pay the rest off if I wanted.

Let's say they do agree, and we start the discharge process and during this I receive a payment - can they claim that?

Hi again.

Until you're actually discharged this would normally be a sum that your trustee would be obligated to collect for the benefit of your creditors.

Benefitting from such lump sums is part of your proposal that your creditors originally consented to.

Best to speak to your trustee about the possible discharge timetable I think.

Are you expecting to receive more than the statutory amount, Gordo?

Your Trustee is under an obligation to gather in whatever is available for creditors, which could include some of the redundancy money.

Your own discharge can be done pretty quickly once you have paid your last payment, so worth a try to get it paid asap and push your trustee for your discharge straightaway.

They've not told us yet.

I have the chance though to stay on for a further 2 months so I may be better taking that so that the dates definitely don't overlap.

Hi Gordo

Has your Trustee cleared up any question about PPI?
If not, it may be worth including that in your enquiry with him/her. Some Trustees (including mine) would not discharge until PPI was finalised. My Trustee could have due to the date of signing, however, his policy was not to discharge until all PPI claims were clarified.

Sorry to hear that your job will be made redundant. I hope you find something better soon.

Hi FW

They told me that they would discharge me even although they were still dealing with my PPI?

Does that sound right?

Hi Gordo_ss.

Discharging someone while the PPI work continues is very common.

As long as you are discharged then the Trustee would have no claim on any subsequent redundancy money, even if they are still in office dealing with PPI.