Quote:
Originally posted by valkyrie
Since it's part time at a store, I would quit. It shouldn't be too hard to find something else, right? And I agree with damasa that they may well keep bouncing checks on you, which is really more trouble than you need.
However, and I won't go into the gory details of bankruptcy law, I can tell you that when a company files bankruptcy, employees are generally among the first (although not THE first) to be paid because their claims are entitled to priority treatment under the Bankruptcy Code. However, dealing with that would be a pain as well. I'd get the heck out ASAP.
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That's interesting, I've always heard that the debtors of the company were to be paid on priority, the going down from stockholders preferred to common, to employees, than anyone else, but, hell, i'm wrong a lot so, who knows, LOL.
d