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The company that I worked for filed for Chapter 11 bankruptcy after I signed the severance agreement will I get any money

My company filed chapter 11 after I signed the severance agreement. what's the likelyhood that i'll receive the remainder of the money?

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Attorney answers (1)

Reputation Level 6
Attached is a paper on the subject that should give you some guidance. I have reviewed, and it is accurate generally. Obviously, to the extent you need to preserve your claim for the severance payments due, you should engage bankruptcy counsel to represent you in the company's chapter 11 bankruptcy proceeding.

Hope this helps.

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