This is our bespoke directors redundancy payments process
Directors redundancy claims will be completed by us and processed by RPS in two stages. The first stage will be the submission and processing of your claims for redundancy pay, unpaid wages and holiday pay. Typically, it will take us 6 – 8 weeks to secure the payment of these elements of your claim by RPS. The second stage will be the completion and processing of your notice pay claim, which will usually take a further 2 weeks to be paid by RPS.
CFS Redundancy Payments Ltd is a claims management company authorised and regulated by FCA. Only such companies can process employment related claims.
Receive & validate enquiry from Director
Establish eligibility for claim
If eligible for claim request full information from Director
Ask additional questions where Director has new job
Once all questions answered send the pre-contractual information document
Statement of all information received to be prepared as basis of claim
Director claim documents created and sent for signing and return
Request & receive the case number reference from Liquidator
Submit RP1 claim form online and send signed mandate letter to RPS
Deal with any queries raised by RPS
At end of notice period final questions will be answered and RP2 claim form will be submitted online.
Payment of claim to Director