Morning all

The company I work for will soon be put into administration (within days).
Rumours of a possible buyer waiting until it does go under but nothing
concrete.
Not sure if this is the correct NG to ask, but after some advice on what
benefits / help I can get. I have worked all my adult life and have never
claimed a penny. I would not know where to start.

My wife and I have a joint mortgage repayment insurance policy which covers
ASU, so I can claim back 50% of our mortgage on that. As I understand it,
if you are made redundanant from a company the company pays the redundancy
payment. As this company is going into admimistration the government will
fund the redundancy? Is this correct? How long will it take for the
government to pay the redundancy?

Secondly, if you are made redundant due to cut backs you get 1 weeks pay per
full year served as your notice period, then you get your redundancy
payment.
When the company goes into administration do we still get the notice period
payment as well?

Thank you for any advice.




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"slider" wrote in message
...
Morning all

The company I work for will soon be put into administration (within days).
Rumours of a possible buyer waiting until it does go under but nothing
concrete.
Not sure if this is the correct NG to ask, but after some advice on what
benefits / help I can get. I have worked all my adult life and have never
claimed a penny. I would not know where to start.

The CAB.

My wife and I have a joint mortgage repayment insurance policy which
covers ASU, so I can claim back 50% of our mortgage on that. As I
understand it, if you are made redundanant from a company the company pays
the redundancy payment. As this company is going into admimistration the
government will fund the redundancy? Is this correct? How long will it
take for the government to pay the redundancy?

Yes, the government will pay it - at the minimum rate. No idea how long it
takes them to do this

Secondly, if you are made redundant due to cut backs you get 1 weeks pay
per full year served as your notice period, then you get your redundancy
payment.
When the company goes into administration do we still get the notice
period payment as well?

You should get your notice money as well. But if you don't have to work it,
you won't be able to get benefits for the period that the notice covers.

tim

In message , tim....
writes

"slider" wrote in message
...
Morning all

The company I work for will soon be put into administration (within days).
Rumours of a possible buyer waiting until it does go under but nothing
concrete.
Not sure if this is the correct NG to ask, but after some advice on what
benefits / help I can get. I have worked all my adult life and have never
claimed a penny. I would not know where to start.

The CAB.

Or try:
http://www.dwp.gov.uk/directgov.shtml
http://www.direct.gov.uk/en/index.htm
http://www.jobcentreplus.gov.uk/JCP/...ces/index.html
--
Paul Harris

"tim...." wrote in message
...

"slider" wrote in message
...
Morning all

The company I work for will soon be put into administration (within
days). Rumours of a possible buyer waiting until it does go under but
nothing concrete.
Not sure if this is the correct NG to ask, but after some advice on what
benefits / help I can get. I have worked all my adult life and have
never claimed a penny. I would not know where to start.

The CAB.

My wife and I have a joint mortgage repayment insurance policy which
covers ASU, so I can claim back 50% of our mortgage on that. As I
understand it, if you are made redundanant from a company the company
pays the redundancy payment. As this company is going into
admimistration the government will fund the redundancy? Is this correct?
How long will it take for the government to pay the redundancy?

Yes, the government will pay it - at the minimum rate. No idea how long
it takes them to do this

Secondly, if you are made redundant due to cut backs you get 1 weeks pay
per full year served as your notice period, then you get your redundancy
payment.
When the company goes into administration do we still get the notice
period payment as well?

You should get your notice money as well. But if you don't have to work
it, you won't be able to get benefits for the period that the notice
covers.

tim



Thank you very much.



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"Paul Harris" wrote in message
...
In message , tim....
writes

"slider" wrote in message
...
Morning all

The company I work for will soon be put into administration (within
days).
Rumours of a possible buyer waiting until it does go under but nothing
concrete.
Not sure if this is the correct NG to ask, but after some advice on what
benefits / help I can get. I have worked all my adult life and have
never
claimed a penny. I would not know where to start.

The CAB.

Or try:
http://www.dwp.gov.uk/directgov.shtml
http://www.direct.gov.uk/en/index.htm
http://www.jobcentreplus.gov.uk/JCP/...ces/index.html
--
Paul Harris

Thank you.



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