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My Partner Just Found Out Her Company Is Closing Its Doors Next Week

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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 12:43 PM
Original message
My Partner Just Found Out Her Company Is Closing Its Doors Next Week
The dear man who ran the company was killed in a car accident in October, his wife was keeping it going, hoping to turn things around. There was a lot of debt from 8 years ago when Caterpillar Corp decided not to pay them for a couple million dollars worth of work, and more money was lost trying to recoup it using the legal system, which we all know is very expensive. Anyway, Dave, the owner was largely keeping the employees afloat out of his own pocket (he loved his little company). Business had picked up the last year, but after his wife uncovered all the financial details (she had to take out a personal loan for December salaries), it was became apparent she cannot continue. Unfortunately, a great creative small company finally succumbs to predatory corporation tactics. It makes me sick.

:cry:

So here is my question - does anyone know how long unemployment benefits last in ohio?
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Whoa_Nelly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 12:47 PM
Response to Original message
1. Look here
http://jfs.ohio.gov/ouc/

Also, unemployment benefits/compensation depends on the number of quarters of the year(s) worked. It's not the same for everyone.

Sorry about what's going on :hug:
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 12:59 PM
Response to Reply #1
4. Thanks - Luckily We Have Payed Off Debt Since * Took Office
So we have low monthly expenses - still its a shock. She worked there twelve and a half years and loved her job. There's just not too much going on in ohio these days - the rethugs have pretty much sold our state off and left it to the religiously insane.
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liberal renegade Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 12:52 PM
Response to Original message
2. 26 weeks is the max
but that can be extended in certain circumstances
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:02 PM
Response to Reply #2
6. And after benefits end, they don't even count you as unemployed
for purposes of reporting stats. :grr:
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:08 PM
Response to Reply #6
9. That's not true. (Urban myth.)
Unemployment stats are not linked to unemployment benefits.
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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 12:58 PM
Response to Original message
3. Im so sorry to read that WCDI. Am so sad to see these small companies
being bullied out of business by the corporations. As if they don't have enough money already.

Good luck to you and your partner. Hopefully she'll find another job in a good working environment soon.

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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:05 PM
Response to Reply #3
7. It Was Bad Enough To Have A Friend Killed - And Now This
It is too bad when someone who actually cares for their employees (and people in general) is treated like that. It almost seems like the good people always get taken advantage of. A good working atmosphere is number one on our lists from now on - no working for greedy/bigotted/hateful nuts. (Diebold would be out of the question -LOL)
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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 10:59 PM
Response to Reply #7
30. I know. I hope one day people like you and I and many others can change that.
I know we are trying.

Let's keep moving, getting creative and thinking of ways to make that vision a reality.

Take care in the meantime.
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Rosemary2205 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:01 PM
Response to Original message
5. Can I help you? - Edit - ooops sorry
Edited on Sat Jan-06-07 01:07 PM by Rosemary2205
Edit -- I just noticed you are in a whole other part of the state. Sorry.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:11 PM
Response to Reply #5
10. Rosemary - Thank You So Much
We are in the Akron area - so if we do eventually move it will probably be out of state.

:hug:
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Rosemary2205 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:29 PM
Response to Reply #10
12. If you move PM me.
I'm in HR for a very large company that utilizes just about every profession you can dream up and I have a lot of HR contacts. I may can help. Mostly in Metro Atlanta but we have lesser facilities throughout the southeast US.

Just throwing it out there.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:34 PM
Response to Reply #12
14. Thanks Again - You Are Awesome - I Truly Love DU
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:08 PM
Response to Original message
8. My regrets for your friends. Sorry to "welcome" them to the ranks of
the over-qualified under-employed.

My husband's employers suddenly quit doing business and I was recently laid off.
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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:19 PM
Response to Reply #8
11. patrice and wcdi,
Very sorry for these harsh turns of events. Best wishes that circumstances quickly shift back into your favor.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 01:32 PM
Response to Reply #8
13. Sorry To Hear About You Too -
I guess we just don't realize how good the economy is doing.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 02:04 PM
Response to Original message
15. I had a very similar situation happen to me with a large French...........
multinational company that had 'US' do a large project for them. When the project was complete and working perfectly, the large French owned corporation tried to screw 'US' out of our money. Two years and considerable legal work by myself and my lawyers resulted in recovering a large percentage of the money owed to 'US'. I was actually told by individuals in the large French owned corporation that if I did not settle for less than what was owed to 'US', the large French owned corporation would run 'US' into bankruptcy with legal wrangling and maneuvers. Corporations today are nothing more than criminals that routinely engage in fraud, conspiracy and this case, even extortion. My whole ordeal with the French owned corporation set 'US' back many years and it will be a long time before 'WE' will recover. I FEEL YOUR PAIN AND HEARTBREAK, I'm so sorry this happened to your partners small corporation where they worked.. The large corporations think they can get away with this kind of behavior; 'WE' small guys can't let it happen and need to have safeguards built into our business deals so that it does NOT happen.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 02:24 PM
Response to Reply #15
16. One of those safeguards is an insurance portfolio.
Any small business owner should have ample life insurance coverage for exactly the reason described by the OP.

When a principle employee dies unexpectedly it obviously can create havoc in a small business. Also, a "Buy/Sell" agreements should be signed in cases where there are partners. Should one pass away, it rare the others would want - say - an inexperienced spouse or child of the deceased to all of the sudden have instant partnership status.

This statement:
"Corporations today are nothing more than criminals that routinely engage in fraud, conspiracy and this case, even extortion."

is certainly painting with a rather broad brush. I understand you had a bad experience but to suggest "Corporations" as in ALL of them are criminal enterprises is unfair at least and wrong at most.
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Missy M Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 02:34 PM
Response to Reply #16
17. The small company had taken a loss 8 years before and could..
not recoup from that loss. It had nothing to do with the man being killed in a car accident. Insurance does not cover losses in a bad business deal. Legal fees also put a strain on the company but does not affect the large corporation. The wife tried to keep the company going but with that much debt it was impossible. You are being a little idealistic and are not aware how hard it is for a small business when a loss like that happens. Ample life insurance costs a large amount for a small business. I know, I own a small business and have taken losses from more than one large corporation. My heart goes out to the OP's partner who lost her job and to the wife of the owner who had to close the business.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 02:57 PM
Response to Reply #17
19. Thank You, The Man Who Owned the Company Was the Best Example of An American
He was downsized out of one of the rubber companies quite a while back and used his buyout to startup a tech-publishing company that expanded into a multimedia, web design, etc.. He valued creativity. He was fair to his customers. And the thanks he got was being ripped off by someone who could have easily afforded to pay for all the work they received. I am also sick of hearing people apologize for the disgusting behavior of large corporations in this country. Enough is enough already.

PS -Sorry about the way you have been treated, too. This seems to be the modus operandi of big corporations these days - their bottom line is all that matters.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 08:59 PM
Response to Reply #19
22. I stand corrected and, if I may say, rather chastised!
I am truly sorry for what happened to your friend. I suppose i was trying to add to the conversation and i missed the mark.

I am not an apologist for corporate America, BTW but i think you would admit that there are certainly large companies and corporations that treat their employees well, act responsibly and are fair in their dealings. Are there asshole corporations? To be sure, (Many that most Americans have never heard of. Top on the list are a number of multinational mining companies. Some of the worst assholes on the planet) but it is my opinion that grouping every company under the umbrella of criminal is simply unfair to the many, many decent companies out there that don't deserve the moniker.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 01:32 PM
Response to Reply #22
23. Its Ok - and You Are Right - Not All Corporations Suck
Some do offer great things to their employees, while others simply use anyone and everyone for their own self-serving purposes - then discard them when they are no longer useful.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 07:06 PM
Response to Reply #16
26. Oh Please. You have got to be an insurance agent working for........
one or more insurance companies who are some of the biggest crooks and criminals in corporate america today. Take off your rose colored glasses and just look at the executive and board compensation being paid out to the scoundrels running corporate america, it is obscene!!!! corporate america, like washington d.c. politics, is totally corrupt and driving this nation 90 miles an hour into a brick wall. The corporate greed is insatiable and the corporate malfeasance is undeniable which will lead to a 2nd crash and great depression thanks to the corporate and wall street criminals.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 02:36 PM
Response to Reply #15
18. This Happens So Frequently It Makes Me Furious
I had something similar happen to me a while back - I was injured on the job (on a paramedic call -I was employed by a city FD) - after the injury I became damaged goods (before I very rarely missed work- I had accumulated over 1000 hours of sick time which would be a retirement payout). Long story short - after subsequent re-injuries due to negligence of my Dr.'s orders - I had to have a shoulder reconstructed and was forced out of my job. I was told that it was city policy to use sick time and it would be reimbursed at return to work/or retirement. WRONGWRONGWRONG...went I tried to claim my lost hours when they did not want me back after surgery - I was told- No you chose to use your sick hours instead of worker's comp = WTF? Who in their right mind would do that? That was 8 years ago - I had an attorney who did basically nothing - the city basically told me they would use their attorney to stall indefinitely -so it would use up more money than I would receive to pursue it.......I am still pissed off

-It seems that any corporation city, etc. who has staff lawyers feels that they must keep them busy at all times screwing those with less resources out of what is owed them.
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Missy M Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 03:57 PM
Response to Reply #18
21. How a government agency can do that to their people....
is beyond me. They tell you one thing and then do the opposite. Too bad you didn't have a union to help you fight the injustice.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 01:36 PM
Response to Reply #21
24. I Was In a Union(AKA goodoleboysclub) - They Were Basically Spineless & Useless
Luckily I did get my pension (disability) - but not my payout (which BTW would have increased my monthly benefit).
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-06-07 03:29 PM
Response to Reply #15
20. This crap happens with wealthy homeowners here in the Hamptons & the landscapers
caterers and housepainters they hire.

The work gets done and then the wealthy assholes don't pay up.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 01:39 PM
Response to Reply #20
25. Wonder How They Got Their Money?
It happens around here too - my friend's small painting company has had this happen on several occasions - or they complain that they can't pay for work they add on, etc.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 07:15 PM
Response to Reply #25
28. Put a lien on the property and see how fast they pay. You have got to fight fire.....
with fire in this ugly business environment.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 07:11 PM
Response to Reply #20
27. Got to get your money BEFORE delivery of the food or progress payments.......
for contractor work done in phases. Wealthy people are sometimes criminals; how do you think they became wealthy??????
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TheCentepedeShoes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-07-07 07:40 PM
Response to Original message
29. So sorry for your partner
other employees and the boss.
Here is TX the unemployment benefits run 26 weeks if you qualify.
As an aside - during the 2006 Gov debate btw Goodhair, CHRIS BELL !!, Strayhorn and Kinky, there was a "pop quiz" segment. Strayhorn, the TX state comptroller, got that question and didn't know the answer.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-08-07 04:08 PM
Response to Reply #29
31. Thanks and It Seems 26 Weeks Is the Norm
Most people don't have a clue - and just try finding it on the jobs services page. Could they make it any more of a maze? It still amazes me that you still have to pay tax on unemployment - sheesh.
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