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Old 9th October 2008 | 09:37
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CAT1 REVERSION
 
Joined: Mar 2007
Posts: 95
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From: UK
Just as a side step from the original post, does anyone know where you stand if you are made redundant and paying back a bond/loan such as the TRSS scheme or CTRS scheme.

I know with the CTRS scheme you take out the Type rating loan with the bank (HSBC) and your employer pays the repayments!

Are you still responsible for the repayments if your employer makes you redundant, or is there some kind of Insurance your employer takes out in the event of to protect themselves and the employee?

I'm guessing you would be left high and dry!
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