sub-chapter v small business debtors and confirmation of a plan of reorganization

Posted by Marc Capone on April 10, 2020

The goals of Sub-chapter V are to minimize the time and expense of small business reorganization. status conference Within 60 days of the filing, the bankruptcy court is expected to…

Sub-chapter v: makes it easier for small businesses to reorganize

Posted by Marc Capone on April 6, 2020

ELIGIBILITY FOR SUB-CHAPTER V ELECTION Sub-chapter V election by a small business requires that the debtor have non-contingent, liquidated debts (secured and unsecured) totally not more than $2,725,625..00 (presently for…

SUB-CHAPTER V: SMALL BUSINESS DEBTOR REORGANIZATION

Posted by Marc Capone on April 2, 2020

Sub-Chapter V of Chapter 11 of the United States Bankruptcy Code was signed into law in August 2019 and took effect in February 2020. The intent of the change to…

coronavirus stimulus package: will it be enough to save small businesses

Posted by Marc Capone on March 30, 2020

The Coronavirus outbreak has caused the unprecedented shutdown of businesses by the government. While this may be necessary to control the spread of the virus, the shutdown is having a…

Supreme Court Rules on Bankruptcy Case involving automatic stay

Posted by Justin Gillman on January 24, 2020

In Ritzen Group, Inc. v. Jackson Masonry, LLC, 589 U.S. ___ (2020), the United States Supreme Court unanimously ruled that where a creditor seeks “relief” from the “automatic stay” in…

Bankruptcy News: Phone Scammers Targeting Bankruptcy Filers

Posted by Justin Gillman on October 28, 2015

Phone scamming from public information is becoming more and more prevalent with the access to information through online resources. We have seen firsthand the impact of phone scams involving the…

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News and Analysis -Business Bankruptcy Blog