Don’t Pay a Debt to a Prior Employee

Wasson and ThornhillBusiness Bankruptcy

If you operate a business, will be filing bankruptcy, and prefer not to pay a prior employee, take action so that debt is not a priority debt.   Imagine that in the near future you’re closing down a business and filing bankruptcy.  You owe an employee or independent contractor back wages or commissions. But you’d rather not pay that debt … Read More