Directors – watch out for claims management companies!

Claims Management Companies (CMCs) are firms which write to directors of limited companies that have entered into an insolvency process.  They offer to assist the directors with their claim from the Redundancy Payments Service (RPS).  However, these companies take a percentage of the payout.

Directors are advised to claim redundancy payments (if applicable) through the insolvency practitioner appointed to liquidate the company and doing that will ensure that they receive the whole payment due to them.

At Redman Nichols Butler we have a dedicated experienced team who deal with employee claims and liaise with directors / employees and the RPS to make sure all claims are correct and dealt with in a timely manner.

for information on all types of insolvency procedure, please call Stella on 01377 257788 and she will make you an appointment with one of our insolvency professionals at our offices in Driffield, Scunthorpe or York.  Meetings can be held virtually or in any of our offices whilst observing the socially distancing guidelines.  Our initial meetings are free and without obligation.

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