Unpaid wages

[jonathonjenkins]

I've been a full time employee of a company since last February. In August of last year, the company ran out of money to pay the employees. I have received a little money "just enough to make critical bills" after exhausting my savings and using part of my 401k. Now, the company still doesn't have money and has not given me a clear indication of when I will receive 4 months back pay. I'm at wits end, wondering if I'll ever receive the over $50,000 (pre-tax) that I've worked for. Can you give me any suggestions as to what kinds of options I might have?

 

[yorkvideo]

the same problem

I have the same problem did anyone anwser you ?

 

[NYClex]

In some states the Department of Labor actually helps employees in these cases. Contact yours and find out what they or you can do.

Should your companies have filed bankruptcy have a look here:

http://www.las-elc.org/empbankrupt.pdf

 

[saleslaw]

File suit

I know this post was a while ago... when things are going down hill at a company and your base pay is not showing up. You need to move quick...

#1. Find a new job!
#2. Send a demand letter to the CEO and other officers
#3. File a complaint with your Dept of Labor.
#4. Resign in good standing
#5. File a lawsuit

My advise is you should never stick around long enough to let $50K add up... however, $50,000 is too much to let go, file suit against the owners personally.

Companies can & do go out of business... and everyone looses. Employees, Creditors, etc. You need to get out faster... when your base pay is in question, leave... quickly!