Timeline for How to protect an employee's wages before the company declares bankruptcy? [duplicate]
Current License: CC BY-SA 4.0
23 events
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| Dec 3, 2019 at 12:17 | comment | added | Stephan Branczyk | @RohnJohn, The question is not a duplicate of the one you found. The legal situation is not the same, therefore the answer is not the same. In this case, the employer is already late in paying its employees. In other words, in this particular case, the employee needs to get the Department of Labor of his State involved in this case preferably before the company files for bankruptcy. Timing is of prime importance in this case! If the employee doesn't act before the bankruptcy, the officers of the company will pay themselves first before they file for bankruptcy. | |
| Dec 3, 2019 at 12:06 | comment | added | Stephan Branczyk | @goofyui, You accepted the wrong answer. Mhoran's answer is the better one. Whatever you do, do not wait until they file for bankruptcy! Contact your State Department of Labor. If you want the exact contact information, just edit your question and tell us the State you're in. | |
| Dec 3, 2019 at 11:45 | history | closed |
RonJohn Dheer JTP - Apologise to Monica♦ united-states Users with the united-states badge or a synonym can single-handedly close united-states questions as duplicates and reopen them as needed. |
Duplicate of Clarification on getting paid from a company which filed for Bankruptcy? | |
| Dec 2, 2019 at 21:23 | comment | added | Draco18s no longer trusts SE | Also check your local laws. Some places (e.g. California) an employer might be on the hook for more than just unpaid wages. In CA if your wages go unpaid for 2 months (60 days) then you can sue for an amount up to twice your currently owed wages (everything already reported, not just the amount that is 2 months outstanding). This CA law exists as a way to prevent startups from not-paying their employees and going bankrupt immediately in order to generate free labor. | |
| Dec 2, 2019 at 19:57 | comment | added | MonkeyZeus | I don't think that impending bankruptcy affects your current options; it affects your future options. Your question boils down to "How do I get past-due salary from my current employer immediately?" | |
| S Dec 2, 2019 at 19:11 | history | suggested | CGCampbell | CC BY-SA 4.0 |
minor spelling and grammar
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| Dec 2, 2019 at 18:35 | review | Suggested edits | |||
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| S Dec 2, 2019 at 18:31 | history | suggested | Kat | CC BY-SA 4.0 |
fixing grammar
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| Dec 2, 2019 at 18:28 | review | Suggested edits | |||
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| Dec 2, 2019 at 18:22 | comment | added | Criggie | If the company is sailing that close to the wind, you should consider moving-on on your own terms and not waiting for the inevitable. Don't want to be competing with your former coworkers for the vacancies in your local area and profession. | |
| Dec 2, 2019 at 16:35 | history | edited | goofyui | CC BY-SA 4.0 |
added 156 characters in body
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| Dec 2, 2019 at 16:33 | comment | added | reirab | @Nelson Do you have a source for more reading on salaries being low on bankruptcy priority, especially lower than bank loan repayments? I had always heard the opposite (and the top-voted answer also says the opposite.) | |
| Dec 2, 2019 at 14:21 | comment | added | RBarryYoung | RULE #1: You work for pay. If they are not paying you, then, unless you are a principle or an executive, you should NOT continue working for them. | |
| Dec 2, 2019 at 14:01 | answer | added | Agnius Vasiliauskas | timeline score: -1 | |
| Dec 2, 2019 at 13:44 | comment | added | Nelson | Illegal? Yes. Will you get paid? Not necessarily. That's why you don't work for someone that's behind on your salary. They can either run with the money or go bankrupt. The likelihood of recovering the owed salary is low, since salary is low on the totem pole of debtors. The banks usually get first dibs. | |
| Dec 2, 2019 at 13:31 | comment | added | Rich | Isn't it illegal for a company to not pay it's employees? | |
| Dec 2, 2019 at 11:27 | history | became hot network question | |||
| Dec 2, 2019 at 11:19 | comment | added | Pete B. | See a lawyer today. | |
| Dec 2, 2019 at 11:19 | answer | added | mhoran_psprep | timeline score: 7 | |
| Dec 2, 2019 at 5:05 | review | Close votes | |||
| Dec 3, 2019 at 11:45 | |||||
| Dec 2, 2019 at 3:36 | vote | accept | goofyui | ||
| Dec 2, 2019 at 3:31 | answer | added | Hart CO | timeline score: 53 | |
| Dec 2, 2019 at 2:59 | history | asked | goofyui | CC BY-SA 4.0 |