0
What happens to the employee files when one company buys another?
Wiki User
∙ 13y ago
The new company acquires the files. When you buy a company, you also buy everything that is owned by that company, which includes files.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How long to keep terminated employee files?
http://www.employmentlawcenter.org/PersonnelFile.pdf
What happens if car dealership files bankruptcy how do you pay for vehicle?
If a car dealership files for bankruptcy, someone will purchase the accounts receivable as part of the bankruptcy settlement. That person or company should contact you and tell you where to make payments.
What if happens if you cosigned for car loan and the borrower files for bankruptcy?
if the consigner files bankruptcy can the borrower take the car
What happens to a mortgage note when the mortgage company files for bankruptcy?
Mortgage notes are considered a company asset and are transferred or sold to other servicing lenders. Most mortgage companies only service loans for investors "fannie mae, Freddie Mac, etc."
What happens if a co signer files bankruptcy?
They both go bankruptcy
What happens to the employees when one company buys another?
The new company acquires the files. When you buy a company, you also buy everything that is owned by that company, which includes files.
What is the cost and the problem to a company when there are missing employee files?
Missing employee files can lead to a lawsuit if the files are misused by someone. Employee files contain personal information businesses must protect.
If a company files chapter 11 can an employee sue?
If they did chapters 1 through 10.
What happens to you if you get caught snooping in company files?
DEAD.
When a company files bankruptcy what happens to the union contracts?
They can be changed by the Court.
What happens to your wage garnishment when the company files bankruptcy?
your wages still garnished
What happens when a business is owed money by a company that files for bankruptcy?
Need the right answer
How is company data stored?
Company data, such as employee salaries, expenses, etc are usually recorded in Microsoft Word (documents), Excel (spreadsheets), or Access (databases) files.
What happens if you copy files to your computer from another computer?
Then you have more files on your computer, and less available space.
Who keeps a record of an employee's accomplishments?
Human Resources keeps files
Can you photocopy a driving license to be held on employee files?
Yes
How long to keep terminated employee files?
http://www.employmentlawcenter.org/PersonnelFile.pdf
