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When a company files bankruptcy what happens to the union contracts?
Wiki User
∙ 15y ago
They can be changed by the Court.
Wiki User
∙ 15y ago
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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
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 happens if a co signer files bankruptcy?
They both go bankruptcy
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 if you have a workmens comp claim and the company files Chapter 7 bankruptcy?
Your claim is most likely covered by a WC insurance, either a prvate policy the employer had or one with the State. As such, your claim should be unaffected by the Bankruptcy.
What happens to your ticket when an airline files bankruptcy?
Nothing, the ticket is not a debt and would not be included in their bankruptcy. The ticket should still be good.
What happens to your money if your bank files for bankruptcy?
Banks are insured up to 100,000.00 by the government.
If a trucking company files bankruptcy and you are leasing a truck from them what is your responsibility to the company?
If your thinking you no longer have to make payments, your wrong. Your responcibility to the company is the exact same, it doesn't change because they filed for bankruptcy.
What happens to the primary if the co-owner files for bankruptcy?
The primary would be held liable for the debt.
What happens to the employee files 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.
How does a client get their money back if the business files for bankruptcy?
It depends on the chapter they filed and the financial state of the company, most likey not, that is why the filed for bankruptcy, they have no funds.
