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Redundancy help!
Pathos73
Posts: 6 Forumite
Unfortunately my boss died over Christmas 2012 and the company I worked for folded on the 11th Jan this year, making all of the employees redundant. My question is how do I claim unpaid wages and notice pay, etc.? Any help will be appreciated.
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OK, a couple of questions need answering.
Was it a limited Company that you worked for?
When you say the business 'folded' did they simply bring the shutters down or has the Company entered any form of insolvency proceedings?
What type of business was it, is it likely to have had much in the way of assets?0 -
Hi Johno, the company wasn't a limited company. it was a sole trader, and the shutters came down. A few of the staff stayed behind (unpaid) to clear up any remaining orders on the books. All this did was to reduce the apparently large overdraft that the company had.0
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Sorry to hear you have found yourself in this position.
This is the site I think you will find some help and information on:
http://www.insolvencydirect.bis.gov.uk/contactus/rp/officemap.htm
Pathos, can I suggest if no one gets back to you here with a reply you contact your local CAB, they should be able to help you.
Have you worked there over 2 years?
RLSome Days are Diamonds Some Days are Stones,Sometimes the hard times won't leave meBSC 162:beer:Banktupt 22 Oct 2008 at 10am!0 -
I have been in a similar position myself in the past.
Basically I think what you are saying is that the company has gone into liquidation.
There will be liquidators appointed, who will sell everything the business owns, then will pay what debts they can off with what money they have after everything is sold. The money paid out is prioritised, and so employees & HMRC are paid first, with any remaining monies being split amongst the other creditors.
If the company can't afford to pay you what is owed (ie: little or no assets), then the government steps in and pays you what you are entitled to legally (which I think is 1 week for every year you have been there subject to being there a minimum of 2 years).
You may have to wait a while though, as the liquidation process takes ages...0 -
If the company was sole trader that might be a claim agains the estate if there was one, find the executors.0
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I feel sorry for your situation, Your wages or your paid will be their prior. Tell your manager or the owner of the company with regards on this matter. Or if its not applicable go search or contact the experts or any lawyers.0
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prestonisidore wrote: »I feel sorry for your situation, Your wages or your paid will be their prior. Tell your manager or the owner of the company with regards on this matter. Or if its not applicable go search or contact the experts or any lawyers.
Bit difficult if the owner is dead...Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked0 -
Really sorry to hear your news. If they were a sole trader then the first recourse is to the estate. I agree with getmore4less, you need to track down the executors. They would normally be family, or perhaps a local solicitor. The family would know.0
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