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Do you qualify for unemployment compensation if company goes bankrupt after you already left the job?
Wiki User
∙ 14y ago
First off...many companies go BK and don't reduce workforce....just their going BK doesn't mean you get to be unemployed.
But almost certainly, subject to the normal qualifying perod, if you lose your job because of a Cos bankruptcy, you will qualify for unemployment...and generally, any special UI programs (placement, retraining, or extension of time). Many are set up just for these types of people, and this "reason" is one of the most acceptable to the state systems, if you will.
Wiki User
∙ 14y ago
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Can you still collect your Ohio unemployment compensation after your company files bankruptcy?
If your company has been paying its unemployment taxes to the state all along, its being bankrupt won't hurt your unemployment benefits because those are paid to you from the state's pool of taxes collected from all the employers. Of course, you still have to qualify as any other claimant, as far as the state is concerned.
I received a weekly paycheck as a owner of a company can i still collect unemployment if our company goes bankrupt?
Unemployment benefits are paid by your state, so benefit checks will not be effected by bankruptcy.
Can you collect unemployment when your own company files bankruptcy?
The company's going bankrupt should not affect your getting unemployment, The company paid (or should have) unemployment taxes to the state who, in turn, pays the benefits to claimants. Therefore it is the state you look to for relief.
Can defeated elected officials receive unemployment compensation?
No. They are considered an excluded class because they were not employees of a private company
Can you collect unemployment in Georgia when a company suspends you?
Yes, if you lose your job through no fault of your own (as above), you are entitled to unemployment compensation.
Do you qualify for unemployment compensation if the company goes out of business?
No. Because you were in total control of your business/income and therefore not an out of work wage earner, you would not qualify for unemployment.
Can you decline a job from the new company buying the bankrupt company and still collect unemployment?
only if your job duties and pay rate is drastically different than before, otherwise you would not be qualified.
What labor law guidelines are used for disapproval of unemployment compensation with insubordination?
Because there is no specific universal guideline determining approval of unemployment compensation you need to contact your own state's unemployment office for clarification of their rules/laws. Some allow company's policies determine if an employee was justifiably discharged. Other are very lenient when it comes to employee issues.
Can owner of company claim unemployment in Louisiana?
No. An owner of a company would be considered self-employed, as opposed to a wage earner working for someone else. Under "General Eligibility" of the below Related Link, self-employed people are not eligible for unemployment compensation.
Does a truck driver file for unemployment in the state of company or the state where he lives?
You file in the "liable state" which is the one where the company paid your employment security taxes to the state. Most states are members of the interstate unemployment compensation program, where you can file where you live, but have to identify your company's IRS tax number and address
Can you file for unemployment if you left a company to start your own?
Although unemployment laws vary from state to state, the purpose of unemployment compensation is to provide income to someone who has lost their job through no fault of their own. Thus, it is required that you have left the company involuntarily, and you are not eligible if you quit. Check with your state's unemployment commission to see what the requirements are to claim unemployment in your area. You are going to have to contact them to start benefits anyway - it never hurts to ask if your particular circumstance qualifies you for unemployment.
If your Missouri company is taken over by an out-of-state company and they offer you a job but you can't move can you still collect unemployment in Missouri?
If you left employment with "good cause, through no fault of your own" you would be entitled to unemployment compensation. See Related Link below, under "Disqualification".
