You can request a redundancy claim form online or from the liquidator you have appointed and you have 12 months from the date your company enters liquidation to make your claim. Applications are sent to the Redundancy Payments Service (RPS).
Payments are generally made within six weeks of claiming, so you should have the money available to pay for the CVL, repay some of the business’s debts, or support your own personal financial situation if required.
Company Closure can assess your eligibility for redundancy pay and provide professional guidance on entering Creditors’ Voluntary Liquidation. Our team has extensive experience in helping company directors to close down their businesses appropriately and advising on the implications of different closure methods.
Please get in touch to arrange a free, same-day consultation – we operate a broad network of offices around the country.