Subject | Re: Calumet files Chapter 7 |
From | Scott Schuckert |
Date | 03/20/2014 15:23 (03/20/2014 10:23) |
Message-ID | <200320141023389513%not@aol.com> |
Client | |
Newsgroups | rec.photo.digital |
Follows | Usenet Account |
Usenet AccountThey are, to some extent. I don't recall all they details, but wages get a fairly high (but not the highest) level of protection. I've had companies go out from under me more than once, and I've always gotten at least some percentage of what was owed. Admittedly, it can take years.
Employees should be considered as secured creditors, and IMHO should have a level of protection.