0
What else can I help you with?
What is the priority of employee wages in a bankruptcy?
In a bankruptcy proceeding, employee wages typically hold a high priority among creditors. Unpaid wages are considered priority claims, meaning they are paid before general unsecured debts, but after secured debts. Employees are entitled to receive a certain amount of unpaid wages, often limited to a specified cap per employee. This prioritization reflects the legal recognition of employees' contributions and the need to support their livelihoods during the bankruptcy process.
If your wages were garnished and your employer is holding the money in an account how do you get the money released to you after bankruptcy has been awarded?
The back wages will not be released to the employee until the bankruptcy is discharged and the employer is notified by the court that the arrearages have been exempted from seizure.
Can a Ca employer hold an employees wages?
There are situations where a California employer can hold an employee's wages. If the employee's wages are being garnished the employer can hold them.
Can wages be garnished if you do not make enough?
Bankruptcy can actually stop wage garnishments. If you can provide proof of financial hardship, wages won't be garnished during the bankruptcy.
Can you write off employee wages on your taxes?
Yes, you can generally deduct employee wages as a business expense on your taxes.
If an employee steals from his employer can this amount be added to the employee's wages as taxable income?
This money cannot be added to the employee's wages as taxable income. This money is not theirs and should be reported to the police.
What is Remunaration?
It is the wages and bonuses paid to an employee.
What are Employee wages are an example of?
variable cost
If employer makes a mistake calculating past wages can the employer take back overpayment of wages from employee?
Yes. It is the employee's responsibilty to ensure their salary is correct.
What were wages in pulp mills in 2001?
Employee wages averaged $21.41 per hour in 2001
What happens to your wage garnishment when the company files bankruptcy?
your wages still garnished
Are employees wages protected in bankruptcy?
NO first the Government then the banks then everyone else.
