Introduction

In this uncertain economy, dozens of companies file for chapter 11 bankruptcy protection every week.  Few situations are more stressful than wondering about the fate of your job and your employer.  To help alleviate TWU members' concerns about bankruptcy rumors or employers' bankruptcy filing, this fact sheet provides a question-and-answer overview of the bankruptcy process for Union member employees of chapter 11 debtors and a glossary of the technical terminology specific to bankruptcy law.