Company Liquidation...redundancy...no funds!!!

irishpancake

Hi there,

I have a friend who unfortunately has been made redundant last week, as the Company she has worked for for the past 8/9 yrs. has "gone into liquidation"......

This is the edited text[protecting ID's] of the letter she was handed by her employer:

This was dated 07/01/2012, but only handed to her on 16/01/2012.

She was told verbally a week previously, and the shop was closed then.

Dear XXXXXXX

It is with regret that the company has gone into liquidation, and you are being made redundant with immediate effect.

Due to the financial position of the company, it will not be in a position to pay your 6 weeks notice payment due to you or your redundancy payment.

I enclose details of the forthcoming creditors meeting.

Yours sincerly,

Yzzzzzzz Xzzzzzzzzz.

The above is the exact wording of this letter, only names have been changed.

Now, also enclosed in the same envelope, was a 2-page print-out from the DSP Internet web-site page regarding the Insolvency Payments Scheme, address below:

http://www.welfare.ie/EN/Schemes/RedundancyandInsolvency/insolvency/Pages/Index.aspx

Also, despite what the letter said, there was no notification enclosed regarding the Creditors Meeting, as in when where and what time, and this is the case with other employees who received the same letter and enclosures.

Needless to say, my friend was and is in shock, as there was no prior indication or sign that this was on the cards, and Christmas Trading was good. (BTW this is Retail).

To help her out, I looked up

http://www.insolvencyjournal.ie/

where I found out the information regarding the Creditors Meeting, venue, date and time.

Also, I looked up the CRO office, to check on the status of the Company, to discover that no AR was made last year, 2011....despite the fact that these were submitted every year since 2000 on date, within 30-40 days.

The last Return Registered was in 2010, due 4/10/2010, received 1/11/2010.

So, it would appear that all was not well, IMHO.

Also, there was a change in Situation of Reg Office in Nov 2011........Solicitor's Office registered as new office????

My friend is now very wary regarding what her rights are in this situation, and I would ask advice here as to how she should proceed, and how she can get those payments which are due to her?

Thank you all.

Delancey

Only thing for her to do is engage with the Insolvency Payments Scheme - a friend had to do that years ago and he did get paid though not until a considerable period had elapsed.
Tell your friend not to waste the bus fare going to creditors meeting - the ' little guy ' never benefits from them.