R
RockRock
Guest
Connecticut
Company XYZ, I work for, owes me paychecks for last 8 months. Besides my boss (owner) I am the only employee. XYZ has one more person working as a subcontractor. XYZ also owes money to him.
XYZ does not have any money and assets (just three computers) at the moment. I am quitting in about couple weeks.
XYZ, however, already has a purchase order for a next project. This is a substantial project that will pay about twice the debt to me. XYZ does not garantee me back wages from this project.
I am afraid, money will be spent from this project before I could legally collect.
Can DOL retrieve my back wages from this future (short-term) project? Is a future money-making contract assumed to be an asset that can be liquidated for creditors? Can money that are to come from the project be frozen and used for collecting back pay?
Thank you.
Company XYZ, I work for, owes me paychecks for last 8 months. Besides my boss (owner) I am the only employee. XYZ has one more person working as a subcontractor. XYZ also owes money to him.
XYZ does not have any money and assets (just three computers) at the moment. I am quitting in about couple weeks.
XYZ, however, already has a purchase order for a next project. This is a substantial project that will pay about twice the debt to me. XYZ does not garantee me back wages from this project.
I am afraid, money will be spent from this project before I could legally collect.
Can DOL retrieve my back wages from this future (short-term) project? Is a future money-making contract assumed to be an asset that can be liquidated for creditors? Can money that are to come from the project be frozen and used for collecting back pay?
Thank you.