Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Can company owners/officers collect salary when company is going under? - So heres the deal. I have a friend who works for a company that is on the verge of bankruptcy. They are a full pay period behind, yet they continue paying themselves full officer salaries. ($12,000 each)

I came into this information from their administrative assistant who wants my advice. The company is behind a full pay period and on the verge of bankruptcy, they claim to be trying to sell the company but continue paying themselves.

What can be done in this case? -