← The Layoff Podcast with Fexingo: Severance, Job Loss, and Bouncing Back from Termination
The Layoff Podcast with Fexingo: Severance, Job Loss, and Bouncing Back from Termination
How Severance Changes When Your Company Files for Bankruptcy
00:08:32
When a company files for Chapter 11, severance pay can suddenly become an unsecured claim — meaning laid-off employees may get pennies on the dollar or nothing at all. In this episode, Lucas and Luna break down how bankruptcy law reshapes severance...