[consulting] being a listed consultant

[Chris Johnson]

When a client runs out of money, even if you're in the same city, it
can be hard getting paid.

In the U.S., there are different kinds of debt, and a legal order in
which they must be paid when a company is liquidated or goes into
bankruptcy.  Work for hire (contracted work) is pretty low on the
list, probably  just barely ahead of stock holders.  :-p

I am not a lawyer, etc.