Chapter 11 – New Subchapter V: Small Business Reorganization Act
Posted onNEW SUBCHAPTER V OF CHAPTER 11 BANKRUPTCY For Both Individuals and Business Entities: Effective February 19, 2020, a new Subchapter V of Chapter 11 Bankruptcy went into effect. This new chapter is part of the Small Business Reorganization Act (SBRA). The SBRA: Opens the door for both small business and individuals who were previously unable […]