Add Comment Question: The company I am working for is closing down aand has given me 2 weeks notice. My question is am I entitled to severance pay?? Answer: Thank you for your question. You are entitled to severance as a result of the Company closing permanently. However, in these situations, it is often not a question of entitlement. The problem is that if the Company is in bankruptcy, it may not have the ability to pay. Please contact us at your earliest convenience to schedule a formal consultation. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.