Originally Posted by AncientAliens

Not a lawyer, I think you would have to dive into the legalese of the direct deposit agreement for an answer. I know they can rescind funding made in error. In our case the company did not have the money in their account to cover payroll but made the payments anyway. I guess it would be considered the electronic equivalent of a bounced check. Not only could they not make payroll, they had also quit paying the company portion of our healthcare premiums without telling anyone. There were people who had used medical services that were getting bills for thousands of dollars from hospitals because insurance wouldn't cover the cost due to not getting paid. Granted this was a smaller non-publicly traded company, I imagine a liquidation at Spirit would be more orderly. That being said I still think you guys find a way to pull through. Keep your heads up but you gotta protect your interests.