juggernaut,
Presumably you hold a CPL. My understanding is that the ATPL credits are good for 7 years after your last IR pass/renewal. There is no urgent need to get an ATPL before June as you can carry on with your CPL prevaleges, it's just that when you are ready for an ATPL, you'll have to get a JAR one, and that means 500 hours multicrew as well.
I'm about 150 hours short of the ATPL requirement, and I'm not in a tissy about it. My view is that when the time comes, I'll do the JAR bit, hopefully with the 500 hours multi crew paid for not by me.
Does that help?
PS