Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Friday, 9 July 2010

What happens to employees made redundant through insolvency?

The unfortunate side effect of administrations, liquidation and other forms of company insolvency is that often employees are made redundant.

I have to admit that most people in the insolvency profession are not very good at explaining to employees what their rights are, what options they have and what to do make claims for redundancy and lieu of notice.

Many people turn to the Internet for help. Our dedicated web guide here http://www.companyrescue.co.uk/company-rescue/guides/redundant-employee is designed to help those people worried about impending insolvency, directors who need to explain to their people what will happen in insolvency and those made redundant by administrators, liquidators or through a company voluntary arrangement.

We are always happy to answer any questions on these matters on 0800 9700539.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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