Trixie, that is hard to say. Much depends on your contract with your employer. Generally, if you become unemployed through no fault of your own, you are entitled to compensation -- and more importantly, services from your state Employment Security Office. WHile you are unemployed, apply for any government benefits to which you are legally entitled: USDA Food Stamps, medical care, even General Assistance if your case qualifies.
It is sad that after eleven years, your job has ended, doubtless with tenure shattered and the loss of intangibles including self-esteem that comes only from working for a living. But the sad fact of life is that businesses take a beating too, and if we fold, everyone goes hungry.
The difference is that the company owners may not qualify for any benefits beyond bankruptcy protection, and then, only if they have a corporation to shield them. Five years ago, we suffered a protracted layoff. I had to send twelve breadwinners home for nineteen weeks, while seven of them took worse jobs with my competitors for less money and fewer benefits. One man was so devastated by the loss of his career (and the prestige that comes only from a well-earned career) that he ended his life. That didn't set well: he was a close friend.
Severance benefits do not replace human lives, especially those of friends.