All employers are required by law to pay into the 'unemployement system' for whatever respective state you file your taxes. If a company files Chp. 7, it's not like those monies will be taken back from the state, they're already there in the fund, and I think employers pay quarterly.
Now, with the lovely case of TMA back in the day (leading up to their Chpt. 7) it's my understanding they weren't paying into the state funds regularly and that wasn't found out until after their Chp. 7. But I'm sure that's not the case with Frontier......TMA was a whole notha' ballgame/mess.
God forbid, if Chp. 7 happens for Frontier, your husband should get his unemployment, however, I pray for you and Frontier it doesn't get to that point.
Originally Posted by
thepilotswife
Hi Everyone!
This is my first post and my husband is a 10 year captain with Frontier. Needless to say, I'm scared (I'm a SAHM).
Does anyone know if a company liquidates if unemployment can still be collected? I'm thinking not since the company pays for it, right?
This sucks and my heart goes out to all airline families. Big HUGS!!