I was told in July that I was being laid off and that I had 60 days. I was entitled to severance pay but only if I worked the full rest of the time until my last day. I did not, I got another job and had to take it, and left a month before my last day. When I left they reiterated that I was forfeiting my severance which I knew. However, this past Friday was what would have been my last day and on that day they direct deposited what I am assuming to be my severance with taxes already taken out. I figured they would turn around and take it back out, which I really don't understand why they would even take the time to put it in anyway, but it's still there. Is this a common practice? I'm not going to use the money but I am not sure how long I need to wait or if there is a statute of limitations on how long they can come back on me for the money if it stays in there.
It is probably an oversight on the company's part. However, the law allows the company to get the money back from you up to and including filing a legal action to recover it. Getting the money back to the company quickly is your best bet.
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