The firms below may be able to assist both employers and employees when the employer is facing insolvency. Bankruptcy is the worst situation for an employee. Not only do they lose their job, but they also will likely miss out on the relatively generous common-law termination monies, a regularly terminated person is entitled to in Canada.
If you are an employee, and your employer is on the verge of bankruptcy or is bankrupt, check out the firms for a free consultation. Even though you may not be able to recoup a significant amount of funds, it’s worth it to spend some time, for free, speaking to an employment lawyer to advise you on the next steps. You may need help investigating whether your employer can pay you anything, how to submit a claim for even just a nominal amount with the Trustee, or how to navigate the WEPP.
