Company is filing Chapter 11, What happens to me?
The company that I work for is filing Chapter 11. What happens to me. I am a night and weekend receptionist. So I am fairly low level. Is my job in jeopardy? I’m not really sure how this Chapter 11 thing works either. I overheard my boss talking about transferring assets and what not. So I’m not sure what to think.
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Categories: personal bankruptcy Tags: assets, boss, filing chapter 11, jeopardy, job, receptionist
Can you open a bank account if filing chapter 11 bankruptcy? If so where?
I have a client seeming to be in a pinch, filing chapter 11 Bankruptcy and the debtor is requesting all account and policies to be reissue with the US attorneys office listed, once the client notified the bank they shut her down. she has to show proof of the changes but without a bank account she cannot initiate the down payments etc. most of the companies do not accept money orders due to a monthly draft needed to be set up. What could she do? Is there a bank that’ll take her?
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