Vacation Pay During Bankruptcy

Summary

When a company files for Chapter 11 in Texas, it may not be required to pay out accrued vacation pay. This depends on the companys financial situation and reorganization plan. Consulting with a labor or bankruptcy attorney is advisable for personalized advice.

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I have a question, can a company that filed chapter * and company was auction off not pay/ allow me to take my vacation
Hello ****, to provide more accurate information, could you please tell me the country or state you're located in?
Texas
Hello, ****. In Texas:
- When a company files for Chapter *, it may not be required to pay out accrued vacation pay.
- This depends on the company's financial situation and reorganization plan.
You should consult with a labor or bankruptcy attorney for personalized advice.
Thank you
You're welcome, ****. If you need further assistance or have more questions, feel free to ask. Remember, legal issues can be complex, so consulting with a professional attorney is always a good idea.