Bankruptcy Abuse and Fraud

The Wage Earner Protection Program (“WEPP”) provides guaranteed and timely compensation of up to $3,400 in 2011 to workers for unpaid wages, vacation pay, and severance and termination pay earned in the six months preceding an employer’s bankruptcy or receivership. The Wage Earner Protection Program (“WEPP”) was expanded, effective December 15, 2011 to give further [...]

Insolvencies decline by 3.7% in August, 2011