Made redundant advice needed.

Discussion in 'Jobs (Discussion)' started by roninxix, Jul 6, 2011.

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  1. Alles,

    The company I worked for has just been put into administration. This has sent me into a flat spin as I now don't know what to do and need a bit of advice just to make sure i'm on the right track.

    My initial calls went to the Job Centre for Jobseekers allowance. Not much hope on that as I'm in receipt of the good old Army pension.

    I've informed my bank and the building society as I now won't have the money to cover the next mortgage payment. My Credit card issuer is my next step as well as the loan company (same company).

    Am awaiting receipt of a RP1 form for redundancy. No redundancy money coming though as the company was only 8 months old. Have been told that we should get money for our notice period and any holidays that haven't been taken.

    Have been told by the accountants handling the company's affairs that collection agents will be sent to collect company equipment from me. Now this is the interesting part. The company owe me a considerable amount in expenses. Can I retain this equipment until these have been paid or am I just prolonging the agony.

    Apart from this I don't know what my next step is.

    Any advice would be most welcome. Harsh and worrying times ahead me thinks.
  2. BiscuitsAB

    BiscuitsAB LE Moderator

    I'm sure you handed in the company eqpt last week!
  3. What company equipment Mr Bailiff, it's all been paid for out of my own pocket and I lost the reciepts.....
  4. Surely you can retain property as collateral on debts the company owes you?
  5. Take advice, but I would think you have enough problems without challenging the legally appointed agents of the liquidator.

    Write to the administrators and ask them to define what the order is of those who might receive part payment from the asset sale. Staff are probably well down the list after preferred shareholders ( if any ) and creditors. Get you claim in early and in writing, but don't expect too much.
  6. when the collectors come get a constable to come down and put him on his oath.
  7. What is it that you do for a living Ron? Things are a bit better now than they were even eight months ago.

    I'm told the Job Centre isn't up to much when it comes to finding you a job. Have you tried the Internet services? Jobserve, Monster, Jobsite. If you don't have internet at home, they might have free terminals in the library that you can use.

    I think you can get help with your mortgage via the job centre but I'm not sure how this fits in if you have a pension. See the council as you might be able to get relief on your council tax on the grounds of low income, even if you're not claiming benefits.

    RBL might be able to give you some advice. Don't panic about the mortgage. You're not going to be homeless and hopefully all you'll get is a few reminder letters. I'm not certain but I don't think mortgage companies start proceedings until you are three months in arrears, and it takes months to go through the courts after that.

    Good luck.

    Edited to add - if Bailiffs come calling, simply don't let them in. They can't break in to your house or force an entry. Did you sign for the company equipment? Can anybody prove that you've got it? Have you got an account on eBay?
  8. Wordsmith

    Wordsmith LE Book Reviewer

    Being made redundant is no fun. I've had the experience twice - once right out of the blue. You have to pick yourself up and get on with it - and that's not easy when you've just had a major kick in the teeth.

    1) You want independent advice on what benefits you're entitled to. Ring up the Citizens Advice Bureau and see if they can help. also try the nearest large library. Hopefully someone else on this site may pitch in with help on the subject.

    2) You have to realise that job hunting is now your job. Organise yourself like you would if you were working. Regular hours - lists of tasks to achieve each day.

    3) Make a list of job seeking resources.

    a) Sites like Reed On Line have advice for job seekers. - step-by-step guide to jobseeking
    b) Your local library will have newspapers, books on how to write CV's, how to conduct yourself at interviews.
    c) One good book is 'Great Answers to Tough Interview Questions' by Martin Yates. I found it very useful - check out the contents on Amazon.

    4) Sort out a good CV. (PM Meridian on here - I believe he does CV's in return for a donation to Help for Hero's). He also uploaded a CV template.

    5) Make sure you have suitable people available for references. Do you have you bosses or colleagues details for your last job, for example.

    6) List out what skills and experience you've got. Start thinking of what jobs you can do (including a bit of sideways thinking).

    7) Start looking for openings.

    a) Local newspapers - often less competition for jobs because of a limited readership. (That's how I got my current job).
    b) On Line sites like Reed Online, Monster, etc.
    c) Recruitment Agencies. You can either read their websites, or send in your CV with a covering letter
    d) Job Centre
    e) Direct Application - if you have a specific set of skills, write to companies asking if they have any openings. (I've got a job or two that way in the past).

    Be very systematic. You must get into the habit of working for several hours a day on your job hunting. It's all to easy to lay in bed and curse your luck. Instead, try and keep the same hours as if you're working. Also keep records of each application - you may need to refer back to what you put in your CV, etc.

    8.) Simultaneously with applying, do basic research on each company - products, turnover, markets, etc. Then you can tailor your CV to that company. And if you get an interview, you're already partially up to speed with knowledge about that company.

    9) Practice interviews with a friend. Get them to ask you interview questions (as per the book I cited above). Get comfortable with answering questions about yourself. Job interviews are literally life changing. Tip the odds in your favour by practising a bit first.

    10) Got a skill or a trade? Keep current in it if you can. For example, read on line trade journals so you've got a feel for what's going on. Give you useful background for interviews as well.

    MOST IMPORTANT. Don't despair. Being unemployed makes you feel terrible. You have to get over that 'kick in the guts' feeling as soon as you can. The harder you work at job seeking, the quicker you'll be back in employment. It may take a bit of time - and a few interviews - but you'll get there in the end.

    Good luck

    • Like Like x 4
  9. Any certified enforcement officer will be cooling his heels outside, unless you leave any windows or doors unlocked. So the company's equipment can bide wherever you want - it is not an offence to move assets before a bailiff arrives. I would suggest you don't give it up easily - there can be a considerable delay in payment from companies in this state.

    Oh and never mind the Jobseeker's money - it is the Housing Benefit you want to sort out ASAP...and the council tax.
  10. I bought the entire contents of one of my guys flat for a pound when the bailiffs turned up, dont know if it was legal but he got help from charities, you need to suck up any pride you may have and ask for help. There is nothing wrong with you and the advice above from Wordsmith has to be one of the best posts of the day.

    You are not at fault, it is shit out there at the moment,

    • Like Like x 1
  11. Above all, keep to the mind set that you were not made redundant.

    The job was made redundant.
    • Like Like x 1
  12. If you want to be difficult as far as the4 Bailiffs are concerned, write to whoever is handling the insolvency (and therefore controlling the collection agents) and tell them that their (and their servants, representatives etc) "Right of common access is hereby withdrawn". Thereafter, if they want to talk to you / visit, they will have to make an appointment with you first. If they just turn up, you can summon a constable and have them removed from your doorstep.

    DON'T let them into your house, they have NO right of entry unless they have a court order specifying the fact. If they wave a "court order" at you, refuse to let them into the house anyway because bailiffs often lie to gain entry. I knows this cos I once worked for the Sheriff of Londons recoveries dept., to control dogs that the Bailiffs sometimes face when repossessing properties.

    And finally, you are doing the right thing by telling the bank, credit card people and other creditors, they can help a lot. But don't let them lean on you in any way, for example don't agree to a schedule of payments with special terms and conditions. CAB can give you more advice and point you to avenues of help.

    DON'T become despondent, it really isn't the end of the world although it might seem like it right now. If several million immigrants and a city's worth of Sharons with khaki kids can manage, you can too - so make sure you get every penny your are entitled to, until you are back in harness.

    Wordsmiths post above is excellent too.

    Good luck!
    • Like Like x 1
  13. roninxix,

    A couple of (hopefully) useful sites.

    Home - RFEA


  14. Administrators are there to get as much money in as they can. They are going to go for easy targets, assets, and large debtors. If your company was quite small your equipment could be quite a large asset, so they will pursue it.
    Administrators may employ third party solicitors/collection agency. Any communication always copy in the administrator, find out the person assigned. The administrator can do a deal, the others will be less flexible.
    If you have very specialist equipment or common kit, they both may not be of much value in the market, he/she may do a deal to get rid of it.

    Ignoring them sometime works, you'll soon find out how high up the priority list you are. Some give up, they have bigger fish to fry as far as debts.

    Good Luck.
    • Like Like x 1
  15. Why dont you join Blackwater and become a contractor I am sure my uncle in Afghanistan would employ you to guard some farms we own but we dont pay in cash....Its either in rocks of Opiem or Hash.