As one who suffered the same fate many years ago as Tomomac33 whilst an FO at Debonair, he has my sympathy. The harsh reality is that in the death throes of the company, the management cannot say anything until the plug is pulled. The good news is that Monarch pilots enjoy a sterling reputation in the industry and pretty-well anyone who wants a job will have one very quickly. You have my deepest sympathy but my great assurance that you will all be ok in the end.