Book III — Conditions of Employment
Article 110
PD 442 · Labor Code of the PhilippinesELI5 guide available
ELI5— what this means for you
If your employer goes bankrupt, your unpaid wages and benefits are paid FIRST — before government claims and before other creditors. Workers have first preference in bankruptcy proceedings.
Key point
Company going bankrupt? Your unpaid wages get paid before everyone else — including the government.
RELATED RIGHTS
Legal disclaimer: BatasKo provides general legal information, not legal advice. For advice on your specific employment situation, consult a licensed Filipino lawyer or the Public Attorney's Office (PAO) at pao.gov.ph.