> even if the company you work for goes bankrupt, you're very likely to still receive your salary Spoken like someone who has no experience with bankruptcy. T

> even if the company you work for goes bankrupt, you're very likely to still receive your salary Spoken like someone who has no experience with bankruptcy. The rule of thumb used to explain this to an unsecured creditors, before this happens, is -- dude, you might get 10 cents on the dollar. Employees are rarely made completely whole. > as debts to workers are the highest priority in any bankruptcy case Secured creditors have to get paid first. Then after quite a few other priority claims (attorneys, trustees must be paid, domestic support, etc.) employees are paid.