Thread regarding Sears layoffs

Severance Package.

How long did it take from the day you faxed it in until it was in your bank? (the first installment). For those that took the package in the past.

Thanks in advance.

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Post ID: @X6nWzDY
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They lost my faxed paperwork so it took about 6 weeks to get my first severance installment. Stay on top of your payments. They paid just over half of what was promised then stopped. I had to fight for the rest, but after many phone calls, I got the balance paid in one lump sum.

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Post ID: @X6nWzDY-1zbg

@wuk It's usually not a good idea to rely on employer-provided life insurance. If your life circumstances indicate a need for life insurance, start applying for your own right now, it may take a few weeks regardless.

https://www.cnbc.com/2017/09/27/why-employer-provided-life-insurance-can-backfire.html

https://www.investopedia.com/articles/personal-finance/022014/your-employerprovided-life-insurance-coverage-enough.asp

https://www.nerdwallet.com/blog/insurance/pros-and-cons-of-life-insurance-through-work/

https://www.thebalance.com/should-i-buy-my-life-insurance-through-work-2386080

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Post ID: @X6nWzDY-wqi

I got mine on time, but they made me sign a legal document promising not to sue, and that document also compels them to pay the severance out. I got 10 weeks, they’ve paid out 6 so far and they owe me another check on Tuesday. They cashed out my vacation about two weeks after I was let go, and the bankruptcy court wrote me a check for my mileage. They still owe me for my Concur tab, I’m not sure I’ll see that but if they don’t come up with it, I will file a claim on prime clerk and try to recover it that way.

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Post ID: @X6nWzDY-fly

Almost 8 weeks. Also took that long to get paid for the vacation that was owed to me. I called and emailed almost every day. Finally went to the Labor Board in my state and that's when things started happening.

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Post ID: @X6nWzDY-rti

“ 3 weeks. Left nov 15th. Paid 12/7 “

Were you with KCD Brands?

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Post ID: @X6nWzDY-cmp

I get life insurance my question is does that end when I get the hand paid check the day we finish cleaning the store or is it good until my four weeks of severance ends ??

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Post ID: @X6nWzDY-wuk

3 weeks. Left nov 15th. Paid 12/7

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Post ID: @X6nWzDY-qoy

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