Financing: Job terminated with severance pay - consequences?

That was kind of the clerk

I rather think he wanted to get back at his employer.. I've never experienced something like that before either

Do you even have your salary account at the same bank as your loan account?

interesting starting point:
Yes I do, the account is always in the positive, but what if suddenly there is a six-figure number on it...

the friendly clerk told her that she still wouldn’t get a block

Where does that exist?
I have factored in the 3-month block and a cooling-off period, if there is none even better.

That’s why the sentence has to be in there that it was only closed to avoid a redundancy layoff.

It won’t be in there, the initiative actually came more from me...
... it’s basically my early retirement – the conditions (and the sum) fit perfectly at the moment.
There’s nothing left to negotiate, either accept it as it is or continue working until retirement, they would never have fired me, but this way I can also clear the way for younger colleagues.
First almost a year of short-time work with 90% top-up, then straight into retirement.
Actually all good and I’m finally getting out of NRW :)
Now just need to get rid of the nasty “C”...

I didn’t inform the bank and no one asked when the salary came from another employer.

I also think by now that I’ll just let it run.
Possibly have the severance paid into another account and each month transfer the amount corresponding to the then ex-salary from it, also the unemployment benefit to the other account.
Best regards Olli

I have factored in the 3-month suspension and a cooling-off period; if there isn't one, even better.

You might be able to bypass this by taking a so-called "disposition year." Check out Peter Ranning's "Gedanken eines Privatiers." The author also runs an excellent forum!

interesting point:
Yes, I do, the account is always kept in the positive, but if suddenly there’s a six-figure amount . . .

Last year, I received a large sum in my account due to the payout from the transfer of the family home to my brother, and the bank immediately contacted me about investment opportunities.....

No, I meant more whether the bank can see that no regular salary is coming in anymore.... With a salary account and a credit account at two separate institutions, it wouldn’t even be noticeable.

Hi everyone,

here’s a little update:

I have changed the account, the last salary and the severance payment will go to a different account from which a standing order corresponding to the salary amount will be transferred to the "old" account on the first of each month. The unemployment benefits will also go to the new account. The rental income will continue to be paid into the "old" account, so nothing really changes there.

I might be able to avoid the block on the unemployment benefits. For this, I have a medical certificate advising against shift work, which according to the caseworker at the agency should be sufficient.

From June, I’m moving back to the coast, initially temporarily into a furnished holiday apartment (our furniture and such will be stored for now). Now I’m waiting for the building permit to be approved and hope that the house will be finished by the end of the year.

Now 8 more days of work (3 x night, 2 x early, and 3 x late shifts). :D

Cheers, Olli

Hi everyone,

here is a little update:

I have changed the account, the last salary and the severance payment are going to a different account from which a standing order in the amount corresponding to the salary goes to the "old" account on the first of every month.
The unemployment benefits will also go to the new account.
The rental income will still be paid into the "old" account, so nothing really changes there.

I might be able to avoid the block on the unemployment benefits. For this, I have a medical certificate where shift work is advised against; according to the caseworker at the agency, this should be sufficient.

From June, I’m moving back to the coast, initially temporarily into a furnished holiday apartment (our furniture and such will be stored for now).
Now I’m waiting for the building application to be approved and returned, hoping that the house will be finished by the end of the year.

Now 8 days of work left (3 x night shift, 2 x early shift, and 3 x late shift). :D

Best regards,
Olli

super

but why did you change the account? You do know that you are obliged by contract to report such situations?