Made redundant advice needed.

#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.
 
#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.
 
#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?
 

Wordsmith

LE
Book Reviewer
#8
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. reed.co.uk - 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. http://www.arrse.co.uk/jobs-discussion/76623-cv-template.html

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

Wordsmith
 
#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.
 
A

armadillo

Guest
#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,

Armadillo
 
#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!
 
#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.
 
#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.
 
#16
Bailiffs and debt collecters rely on bluster to get most of their work done. Calm, immovable indifference from somebody who knows his rights really spoils their day. They will either leave you alone and go after weaker game; or come back with a court order.

As far as job hunting goes; you need to talk to everybody you know and don't be afraid to approach acquaintances and friends of friends. A lot of jobs can be found through personal contacts - your mate's sister who works in HR etc. A lot of people are too proud or feel awkward hustling around like that - as though a job search is shameful and should be a private activity - treat it as a game and play it hard....

Also consider taking temporary work - it can open unexpected doors and gives you some financial breathing space.
 
#17
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.
And, amongst other startling news, one of ARRSE's resident ********* is, well, still a ********.
 

Mr_Fingerz

LE
Book Reviewer
#18
If you have bought equipment out of your own money for, and on behalf of the company, guess what.

You are a creditor.

Advise the liquidators of this fact and join the queue for payment. But hang on to the stuff as advised above until you get paid for it.
 
#19
I don't know your age or personal circumstances but if appropriate have you considered lowering yourself to joining the TA. Financial breathing space as an earlier poster called it.
 
#20
Just to add and emphasise on wordsmiths brilliant post.

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. Important, it will keep some stability in your life ideally you want to be setting a daily target of no. of jobs to apply for. May not seem much but if your consistantly hitting them then its going to keep your morale that bit higher

3) Make a list of job seeking resources. Websites and sites with tips on them, also pin them to your favorites for quick access. Also it might be an idea if you havn't already to create a career folder listing down these resources and copies of CV's in a paper format. you can also list daily and more long term targets in this, or create a list of weekley priorities to help with organisation ( I personally prefer having it in paper as opposed to a computer so this may not strictly apply).


a) Sites like Reed On Line have advice for job seekers. reed.co.uk - step-by-step guide to jobseeking Also bear in mind Reed is an agency in itself, may be an idea to find your local office and get on their books

b) Your local library will have newspapers, books on how to write CV's, how to conduct yourself at interviews. As a pointer I write these out and put these in my aformented career folder for ease of access and to have a paper copy

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. Another good one is "what colour is your parachute" also should be avaliable on Amazon , the only problem is its tailored more for the US market , however it does have handy tips that will apply for most jobs anywhere.

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. http://www.arrse.co.uk/jobs-discussion/76623-cv-template.html

5) Make sure you have suitable people available for references. Do you have you bosses or colleagues details for your last job, for example. try to have a range as well just in case. Try to have two character and two employment referees in case the company are fussy and are looking more at character

6) List out what skills and experience you've got. Start thinking of what jobs you can do (including a bit of sideways thinking). When you come to this list out every skill even if it seems stupid and worthless, there could be a chance its not, spend a few days thinking about it so you get everything you can do down

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. These won't nessesarily be guarenteed, unlike newspapers they tend to have a higher membership which means competition DON'T get disheartened if you don't have much success. However it does tend to be a very quick way to register interest or apply for a job so do use it

c) Recruitment Agencies. You can either read their websites, or send in your CV with a covering letter Have a rummage through local jobs onthe Reed and the job centre websites, you can get a pretty good picture of what agencies operate in your area, again list them and try to get on the books of all of them. keep your contact details up to date, some may text you temp work, its not permanent but it does offer experience/money in your pocket

d) Job Centre Also register on the website, it refines your job search automatically then.
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). Good idea to send out speculative CV's it gets you out there and known to employers, and you never know what may turn up

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. Generally the job centre requires you write down the jobs you apply for they give you a booklet. So write down every job you apply for and the contact details then ring them up a few days after applying to see if they have recieved it

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. Its a well used tactic with reason take time to study the application and tailor parts of your CV to it so its more specific. Try to identify three broad fields of employment and write an individual CV for each one that way you won't have to edit it so much, so it should be less of a pain

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. Also look at creating your own questions for the employer, have a look online. If your throw some relevant questions into an interview, it will show you are interested in the job and you have done your research.

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. Also the more you put into it the more motivation you will maintain, at least you will feel you are doing something . If it does drag you down talk to someone about it, do not suffer in silence.

Good luck

Wordsmith
also look at volunteering if you can do it , it sounds like a long term move but its good to prepare. It looks impresive on CV it breaks up your week from the monotony of looking for work and it helps you retain and develop skills normally with socializing. Also they generally don't require a leaving notice period.

Look at putting a profile on linkedin its touted as a good way to network.

Also have a look into the European Social Fund , I don't know if its been chnaged recently but it can help and provide you with retraining if you so desire ( The jobcentre normally have a list of companies that provide this...and for free).

The jobcentre will say that applying for six jobs a week is enough , Its not. Ideally look at starting off with applying for three a day and when you have the systems in place look to increase that number . But don't let the quality of your application suffer as a result. quality over quantity.

Create a template cover letter/email, but make sure (as you do with your CV) to alter it to suit the needs of every application. Its just easier to maintain a standard layout and prefab points in and out of it, at the very least it gives quick asccess to your contact details ( You should ideally put your mobile and home phone numbers and e-mail in a cover letter, yes its in the CV but it makes it more convinient.)

It may seem basic but always include a cover email/letter when applying for a job, At the least its a good area to show how keen and enthusiastic you are for a position within the company. It also ensures the employer actually knows what they have recieved.


Retraining is not going to guarentee you employment, bear that in mind if your looking at courses, and only really considering them because you believe they will get you work.


Theres probably more but I'm a bit stumped for now.
 

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