Liquidation

[jonnyhips]

i was let go from my job-with no notice-let go on the spot-in Dec. I recieved payment for Dec in mid January and then a letter to say i was due a months in luie and holiday pay plus all expenses owed-in total i reckon i am still owed 5000-6000 euro..I expect payment to be late but this week got a letter re the company going into liquidation. I am just wondering does anyone know what my chances are of getting paid.

The company was owned by a millionare-also i cant claim the dole till the pay me because i have no p45, which in turn means i have no money for january or source of income till now and have missed numerous payments, which means bank charges and mounting debts..can the company jst avoid all debts??

 

[Elphaba]

Nobody knows whether you'll get paid or not, so sign on, in the event you dont. It will take a number of weeks to process your claim.

 

[Ghodadaba]

The company cannot avoid you debt. Employee wages etc are legally up near the top of the queue when a company is being liquidated.... before most other types of creditors. I think you have a very good chance of getting paid, employees usually do unless a company tanks big-time. Even then, there is some form of state insurance scheme.

Ask the company who the provisional liquidator is, and give him/her a ring. They will want details of how much you think you are owed for your claim. Tell the liquidator you also need a P45 asap.