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The first steps after losing your job

The first two weeks matter more than the following two months. What to do, in what order.

Debts After Redundancy3 min readReviewed July 2026

Claim what you're entitled to immediately — Universal Credit, New-Style Jobseeker's Allowance (if you have enough National Insurance contributions) and any Council Tax Reduction. The Turn2us calculator gives a full picture in a few minutes.

Contact every essential lender — mortgage, rent, council tax, energy, water, credit cards, loans — and ask about hardship options. Doing this before missing a payment gives you the best options and protects your credit file.

Prioritise essentials: rent or mortgage, council tax, energy, food, phone/internet, essential travel. Everything else can wait, be reduced or be paused. Free debt help can help you build a realistic post-redundancy budget without judgement.

Guidance, not personalised helpThis article is written to inform. It isn't personalised debt or legal advice — a Debt Compass adviser will discuss your options and eligibility with you before you choose a route.