Benefits after redundancy

I took a settlement agreement from work and am a bit confused what to do in terms of benefits. I have less than 6k savings, including the settlement, so I am thinking claiming JSA would be a good idea. What am I applying for? Is it universal credit?  
As of Oct 28th 2024:

Barclay credit card £4,000
Lloyds credit card £637
Emergency Fund £1,000

Comments

  • EnPointe
    EnPointe Posts: 773 Forumite
    500 Posts First Anniversary Name Dropper
    contribution based JSA initially, but likely  that as part of a UC claim 

    however if you  have the small amount of assets  you assertt  and are going to need help with rent  , council tax , dependents and the like  then a UC application is mertied 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.