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Are unpaid Wages unsecured debt in bankruptcy?
1. Are unpaid Wages unsecured debt in bankruptcy?
My employer owes me over $100,000 in unpaid wages(I know it is bad). He is now f
filing Chapter 13. Is he required to pay back my wages in full, or are they unse
cured debt(which is typically settled at ~60% of what is owed). Finally....t
he employer had the $100,000 to pay me my wages...instead he wrote a check to hi
mself(through salary draws, it is a LLC), and then declared the company bankrupt