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my job has gone

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I am not redundant but there are only three of us in our company which looks like it's going to fold this week. I will have no job and no redundancy money. I'm no spring chicken and have mortgage and other debts. Has anybody any advice or been in this situation ?

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  • katsu
    katsu Posts: 5,016 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    If you look on the direct gov website you should find out how you can claim redundancy money if your employer cannot pay it because their business has closed and has no money.

    I see no reason for you not to receive the redundancy payment from either your employer or the government - but bear in mind you will only get statutory redundancy pay if you have to claim it via the government route. Again the direct gov website has a calculator so you can work out how much it will be.

    Good luck.
    Debt at highest: £8k. Debt Free 31/12/2009. Original MFD May 2036, MF Dec 2018.
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    oowbod wrote: »
    I am not redundant but there are only three of us in our company which looks like it's going to fold this week. I will have no job and no redundancy money. I'm no spring chicken and have mortgage and other debts. Has anybody any advice or been in this situation ?

    Do you say that because you will have been employed there for less than 2 years? If you have been an employee with your current company for more than 2 years then you will qualify for statutory redundancy pay - though that's not much.
  • Thanks Katsu and littleVoice, I have worked for many years for this company and did not expect this situation arrising so am pretty ignorant... Off to yougov...
  • shikoku
    shikoku Posts: 671 Forumite
    I hope you found your way from yougov to directgov ;)
    ~*~ If you don't need it, it isn't a bargain ~*~
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