Re unemployment benefits, there is no Michigan appellate case law on point with your facts.
In Warren v. Caro Community Hospital, 457 Mich. 361, 579 N.W.2d 343 (Mich. 05/19/1998), the Michigan Supreme Court writes:
...we continue to hold that whether a person is entitled to unemployment benefits is a two-part inquiry. Under the first prong, we must determine whether plaintiff voluntarily left her position. If we find that she left her position involuntarily, the inquiry ends and she is entitled to unemployment compensation. Whether a person left voluntarily will depend on the particular facts and circumstances of the case. However, if the court finds that plaintiff left her position voluntarily, we must advance to prong two to determine whether her leaving was "without good cause attributable to the employer."
You are currently unemployed, because you are not being compensated for your labor. Your unemploment is involuntary, because you have not caused your nonpayment of wages. If the bankruptcy court is likely to ultimately approve your back wages, then that could be a mitigating factor weighing against your right to unemployment benefits, because it would mean that you were entitled to be paid -- you just had to wait to receive the payment
Conversely, federal law doesn't require employees to work without compensation -- to the contrary, the Fair Labor Standards Act requires that employees must be compensanted at least at the minimum wage.
The botXXXXX XXXXXne here is that I cannot give you a definitive answer about UI benefit rights associated with a bankruptcy court's approval of insider wages and the insider's temporary nonreceipt during the pendency of the bankruptcy action, because the issue, as far as I can tell, has not been litigated in the jurisdiction. I doubt that the DLEG uemployment office can tell you how it would rule, though you can certainly contact them and ask someone what he/she thinks. After that, you'll have to pick a course and then follow it.
For me, my decision would be based upon the likelihood of my being awarded back pay. If yes, I would probably stay, because the back pay will exceed the UI benefits.
An insider's right to wages during Chapter 11 is based on whether or not the compensation is "overly generous." In my view, if the business is ongoing and capable of coming out of Chapter 11, the that suggests to me that you will eventually be paid -- which suggests that resigning may be counterproductive.
Hope this helps.