How Can You Appeal a Child Custody Decision?

  Jan Meriss Alfonso Assistant at Ascent Law LLC When a company goes bankrupt, employees are unsecured creditors. This means that their debts can only be paid after other creditors have been paid. However, employees have a special status in bankruptcy because they have a special priority over other creditors when it comes to wages. They can also move up the payment line for certain amounts of money. Protections for employees Bankruptcy laws to protect the rights of employees when their employer goes out of business. For example, an employee who is owed wages can claim compensation under the federal Wage Earner Protection Program (WEPP), which is administered by Service Canada. Eligible employees receive payments for wages, vacation time, severance, and termination pay. Bankruptcy is a natural occurrence, but it can be devastating for those who work for bankrupt companies. Most employees who work for a bankrupt company may be laid off or face losing their income. Fortunately, federa...