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Will employees get paid if firm goes under?

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  • Will employees get paid if firm goes under?

    Canada
    State: Yukon Territory

    If a business goes under and the owner owns alot of money to individuals including staff is the staff going to get paid or are we left out in the cold with nothing?

  • #2
    Re: Will employees get paid if firm goes under?

    If they file bankruptcy, employees get paid first....if assets exist.

    If they don't file for bankruptcy then sue them in small claims or other court, and sue the officers as well.

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