Yes, actually it also happend to me with one month left on my currency - all the money I managed to miser like a squirril expecting a bad winter in the last 2 years: liquidated. At least it has kept me in business and as I am a loyal taxpayer too, at least I can write some of it off and I received unemployment funds while grounded. Below the line it is something that makes one sick...
What did make me feel a little better, is that really many a Global pilot I met have said they had been in that situation, similar or worse at least twice in their careers. So it is actually a calcuble risk, that you have to factor in while receiving a higher salary than an airline guy would - things can change extremely quickly in this business.