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Redundancy and unemployment

Being made redundant is worrying and in most cases means having to get by on a reduced income.

Your intention may be to get back into work as soon as possible but it’s important to act fast to stop your situation getting worse.

If you’re worried about how to deal with your household bills or debts, or both, we can help.

For expert advice you can use our online Debt Remedy tool, this will provide you with a tailored solution to your debt problems.

In the meantime you might find some of the following tips useful to help with your situation:

Redundancy pay

If you haven’t already received any, check with your ex-employer whether you’re entitled to redundancy pay.

Benefit entitlement

Use our online benefits checker to check if there are any extra benefits that you can claim.  Depending on your situation you may be able to claim Job Seekers Allowance or money to help pay your rent and council tax.

Government mortgage schemes

If you’re a homeowner, you might be able to get help with your mortgage payments. Read our information on government mortgage schemes to see if your eligibly to apply.

Payment protection insurance

If you’ve paid for payment protection with any of your creditors, see if you can claim on them. This will mean that the insurance pays your normal monthly payment for you.

If we haven’t answered your question please contact us and one of our expert advisors will be able to help you.

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