When businesses experience significant financial problems, they are placed into what is called an insolvency procedure. When this happens, it often means that employees are made redundant. Becoming redundant can be a very uncertain time and it can cause financial instability.
At RPS Assist, we understand that becoming redundant can be a financially difficult time.
On these pages, we offer links to information that can help you get financial support following redundancy. We can also point you in the right direction when it comes to making a plan for your finances. We know which resources are available to help you plan for re-employment, and for avoiding long-term debt.
If you are worried about your relationships and emotional wellbeing during redundancy, you can find more information about personal support here.