By Jeff Field | Published April 15, 2022 | Posted in Bankruptcy | Tagged Tags: chapter 11, reorganization plan, small business bankruptcy, subchapter V | Leave a comment
Until just two years ago, small businesses that ran into financial trouble couldn’t find much protection in the bankruptcy system. Reorganization under Chapter 11 was too expensive and filing for Chapter 7 would mean going out of business. Fortunately, today there is another, more useful bankruptcy option known as Subchapter V — a slimmed-down version Read MoreRead More
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