Earlier this summer, my husband's firm closed down, letting its employees go. Company officials said the firm was filing for Chapter 7 bankruptcy but we have learned that has been switched to a Chapter 11 bankruptcy filing.
Each employee was given their last paycheck, compensating them for the days in the pay period that the company was open. However, no one was paid any of their accrued vacation or sick time.
Are they entitled to get paid for unused vacation pay, even though the company has filed for bankruptcy. Would it matter specifically if it was a Chapter 7 filing or a Chapter 11 filing (we're just not sure if the company is planning to switch it back to Chapter 7)
Is this worth pursuing?