If the company I work for is filing for bankruptcy and it is withholding my paycheck, what do I need to do to get paid?
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If the company I work for is filing for bankruptcy and it is withholding my paycheck, what do I need to do to get paid?
Asked on May 24, 2012 under Bankruptcy Law, Texas
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Under federal bankruptcy law, unpaid wages of an employee with respect to the employer's bankruptcy filing are given priority for payment out of the bankruptcy estate. Given the situation you are in, you need to file a "proof of claim" with the bankruptcy court concerning your claim for unpaid wages as soon as possible to hopefully get paid the wages you are owed.
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