Terms of Business
Our Services, Terms Of Business & Your Obligations
Redundancy Assist is a trading name of RS Debt Ltd. We agree to act on your behalf in making an application to the National Insurance Fund (NIF) for director’s emoluments due to you. The business is regulated by the Claims Management Regulator in respect of regulated claims management activities and its authorisation number
Authorisation To Complete Redundancy Forms On Your Behalf
By agreeing to the terms of this letter, you authorise Redundancy Assist to act on your behalf in relation to your
The level of the claim and its calculation will be agreed in advance. This information needs to be carefully read and retained prior to submission. It is important that the information you provide is correct,
An Outline Of The Procedure
Based on the information you provide us, we will assess what we believe you are able to apply for from the NIF. In order to be able to make your application, you will need to place the relevant company into liquidation. Once the company has been placed into liquidation, we will submit your claim to the RPS.
Fees & Cooling Off Period
Fees are charged at 15% of funds received from the NIF. If no funds are received in relation to your application, no fees are payable. If you cancel within 14 days of signing these terms then no fees are payable. If you cancel after the 14 day period, you are liable for 10% of any award paid from the National Insurance Fund, whether the application is made by another agent, or yourself personally.
By agreeing to these terms, you authorise this firm to share your personal information with the insolvency practice engaged by you. Information shared is solely for the purpose of progressing your claim, and the company’s liquidation. Only where necessary for the purposes of the application, you also hereby authorise us to share information with the RPS, and HMRC.
RS Debt Ltd t/a Redundancy Assist Company registered in England & Wales; Company number: 08847936
Money Laundering Provisions
We are required by the Proceeds of Crime Act and the Money Laundering legislation to:
maintain identification procedures for all new clients
Photo ID (a driver’s licence or passport will suffice).
Your award from the RPS will be paid as per your instructions, usually either to yourself, or to your nominated insolvency practitioner. Please note that Redundancy Assist will not hold any funds belonging to you.
We strive to offer a high level of service, but understand that things can go wrong. Please feel free to phone into our office and discuss your case at any time, however, in the unlikely event that you feel matters should be escalated, we enclose a copy of our complaints procedure.
Agreement Of Terms
Once it has been agreed, the terms will remain effective until replaced. Notice of termination must be given in writing or by email. We shall be grateful if you will confirm in writing your agreement to these terms by signing and returning the enclosed copy of this letter or let us know if they are not in accordance with your understanding of our terms of engagement.
49 Duke Street,