When Japan's largest employer of foreigners effectively went bankrupt last week, thousands of instructors at the foreign-language school giant were left without jobs. Many now face complicated legal problems in a language not their own.

What will happen to Nova Corp., their contracts and the money they are owed? Will they be able to collect unemployment and insurance benefits? Is this the end of Nova? Following are some answers to those questions:

What exactly is the situation at Nova Corp.?