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August 24, 2010
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Delaware Bankruptcy Court's Grants New Hampshire's Request for $100,000 to Pay Accrued Vacation Time to CCT Workers

CONCORD - Gov. John Lynch announced today that a Delaware Bankruptcy Court has approved New Hampshire's request for $100,000 to pay for some of the vacation time owed to workers at the closed Car Component Technologies (CCT) of Bedford and Merrimack.In December, Gov. Lynch asked the Department of Justice and the Department of Labor to intervene in CCT's bankruptcy filing to help protect the rights of New Hampshire workers. New Hampshire's Labor Commissioner George Copadis and Peter Roth, Senior Assistant Attorney General, led the state's efforts in the CCT bankruptcy.

"By closing its doors without any warning to employees, CCT acted irresponsibly. As a state, we took action to do everything possible to protect the interests of workers," Gov. Lynch said. "While it does not make up for everything they are owed, this is an important victory for the former employees of CCT." CCT violated a federal law, known as the WARN Act, by closing without giving 60 days notice. Based on that violation, a civil suit is continuing in an effort to help workers recoup other money that they are owed.

Labor Commissioner Copadis said, " I am very pleased that at Governor Lynch's direction, Peter Roth and I were able to secure $100,000 in accrued vacation time benefits for the former employees of CCT through the Delaware Bankruptcy Court. This is a very important first step and we intend to stay the course until we are satisfied that these former workers receive everything that they are reasonably entitled to." The State of New Hampshire continues to assists workers in finding new jobs and in retraining.

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Did You Know?    
 
 
There are defined legal debtor rights
Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. While you have an obligation to pay your bills on time, there are laws to protect your rights if you should find yourself being pursued by a debt collection agency.

 


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News about Bankruptcy in Kansas and nationwide:

Senate Passes Schumer Amendment To Bankruptcy Bill To Crack Down On Predatory Loans
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Bankruptcy Terms

 


Today's Terms

Small claims

Definition:
Also sometimes called convenience claims - under a plan of reorganization or liquidation, claims that are small (e.g. in the hundreds or thousands of dollars range) and numerous are often grouped into a single class and settled for cash for administrative convenience.

Avoidance power

Definition:
The power of the court to invalidate certain obligations or transactions undertaken by a debtor prior to filing bankruptcy.

Foreclosure

Definition:
Your mortgage lender may start a foreclosure action and sell your home at a Sheriff's sale. If the sale nets less than you owe, there will be a "deficiency balance" that you will own to the lender.

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Bankruptcy Hot Topics

 
Topics Related to Bankruptcy:

  • Chapter 7
  • Chapter 13
  • Chapter 11
  • Chapter 12
  • Chapter 9

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Kansas Bankruptcy Attorney

 
If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

  • Derby
  • Dodge City
  • Emporia
  • Garden City
  • Hays
  • Hutchinson
  • Junction City
  • Kansas City
  • Lawrence
  • Leavenworth
  • Lenexa
  • Liberal
  • Manhattan
  • Newton
  • Olathe
  • Overland Park
  • Pittsburg
  • Prairie Village
  • Salina
  • Shawnee
  • Topeka
  • Wichita
 


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