Post by
sickofwondering on Apr 10, 2014 12:56pm
What are the odds
Looking for opinions. What do you think the odds are that CSF will be done by the end of the month?
Comment by
ataloss on Apr 10, 2014 1:01pm
Well, I give them till end of April/mid may. How can they continue to keep paying out salaries/benefits and expenses of the branches open?? NCC is blocked from calling Ontario write offs which it has been like that for about 3 weeks. So, who is going to collect the written off customers from Ontario??
Comment by
destroyed on Apr 10, 2014 4:07pm
One of two things will happen: (a) the creditors will push the company into bankruptcy and you'll be done by end of April - if not, (b) the company will keep one person per branch to collect as much as makes sense to stay open. Say, $10k a month. GET OUT NOW!
Comment by
sickofwondering on Apr 10, 2014 4:14pm
Wouldn't it be better to go down with the ship rather than jumping from it? No chance for EI if you quit...
Comment by
spyguy200 on Apr 10, 2014 4:17pm
Actually that is incorrect anyone of you is EI eligible for quitting a job where laws were being broken! I use to work for EI as a temp it is one of the biggest misconceptions ever! Everyone believes that if you quit a job you cannot get EI but it is circumstantial. In this case you would be approved no problem! (I am happy to say)!!!!
Comment by
sickofwondering on Apr 10, 2014 4:22pm
I had no idea. Thanks for that info. I'd like to hang on for as long as possible but if bankruptcy is imminent I might just jump ship before it happens. The question is, is it imminent??