Can I hold company equipment as collateral for non payment of wages and expenses in the State of IL?
Answer
The simple answer is no. If you have not been paid wages that are owed to you, you have a variety of remedies, including but not limited to the Illinois Wage Payment and Collection Act. This act provides for interest, costs and attorney's fees. I hope this helps.
If you would like to discuss this further, feel free to email me at [email protected]/* */ I would be interested in knowing the circumstances relating to the nonpayment. Are you the only one? Are you still working there? Is the company a large one or a small employer? How many employees?
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