We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Redundancy Payment Query
Options

noodledoodle78
Posts: 219 Forumite

My husband is due to be made redundant. Originally his end date was the 23rd December but they have since been extending this on a week by week basis. His new date is now 30th March 2012.
His company have now advised that they would not be paying the redundancy pay-out and that this would come from Price Waterhouse Cooper who they are consulting with on a weekly basis to avoid bankrupcy. In addition the redundancy payment has to be applied for and make take up to three months to come through.
My understand was always that a redundancy payment was made with your last wages.
Is this right?
His company have now advised that they would not be paying the redundancy pay-out and that this would come from Price Waterhouse Cooper who they are consulting with on a weekly basis to avoid bankrupcy. In addition the redundancy payment has to be applied for and make take up to three months to come through.
My understand was always that a redundancy payment was made with your last wages.
Is this right?
Sealed Pot Challenge No. 286
0
Comments
-
If the company goes into liquidation, it comes from a government fund, not the company, and there is an application process and a delay in payment. That may be what is happening here.Debt free 4th April 2007.
New house. Bigger mortgage. MFWB after I have my buffer cash in place.0 -
If the company goes into liquidation, it comes from a government fund, not the company, and there is an application process and a delay in payment. That may be what is happening here.
Which is what you have been told in the other thread that you have posted asking exactly the same question. :T0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards