NJ Bankruptcy Law Firms

66 East Main Street, 3rd Floor
Little Falls, NJ 07424
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Chapter 11 Subchapter V Bankruptcy | NJ Bankruptcy Law Firm

New Jersey Bankruptcy Lawyer!

With 30+ Years of Proven results!
"I personally meet with You and represent You!"
"I have never Lost a Chapter 7 Bankruptcy Case"
"Experience = Results"
About Ralph A. Ferro Bankruptcy Lawyer

Bankruptcy - Chapter 11 Subchapter V

Eligibility: Individuals and Business Entities

  • Chapter 11 Subchapter V is, similarly to Chapter 11 Bankruptcy, a reorganization not a liquidation.
  • Effective February 19, 2020, a new Chapter 11 Subchapter V Bankruptcy was enacted. This new chapter is part of the Small Business Reorganization Act (SBRA).


  • Enables small business the ability to file bankruptcy and keep operating.
  • Avoids small businesses from closing down.
  • Provides an option to individuals who were previously not able to file Chapter 13 BK due to debt limitations.
  • Provides a significantly less expensive bankruptcy option with a streamlined legal process and timeline.
  • Eliminates Quarterly fees to the Trustee’s Office.
  • Reduces the reporting requirements for a regular Chapter 11 when filing Chapter 11 Subchapter V.
  • Enables small businesses to have a viable means to reorganize and continue to operate.

Why file Chapter 11 Subchapter V?

The same advantages of filing Chapter 11 exist for Subchapter V.

Misconceptions about filing Ch. 11 Subchapter V are the same misconceptions about filing Chapter 11.

If you are a single-asset real estate business entity, you cannot file under Subchapter V. However, you can evaluate your situation with me to determine if filing a regular Chapter 11 Bankruptcy is an option for you. If you and/or your business are struggling financially, it is best to meet with me. I will review your situation in depth.

I will advise you if you could benefit from Bankruptcy or another.

Call/text me: Cell phone: (201) 446-5904 to schedule a Free Consultation with Ralph A. Ferro, Jr., Esq.

Bankruptcy Help is available for you. I care about your success.  Please read my client’s reviews.

American Board Certification in Chapter 7, Chapter 11, and Chapter 13 Bankruptcy, earned by Ralph A. Ferro JR., Esq, a bankruptcy attorney operating in New Jersey

Ralph A. Ferro, Jr., Esq. Bankruptcy Lawyer

Bankruptcy Options and Choosing the Best Bankruptcy Attorney are key:

Bankruptcy and your finances are critical for you now and in the future.  

The most important decision you can make is finding the right bankruptcy attorney who meets your needs and an attorney with expertise in bankruptcy law.

Ralph A. Ferro, Jr., Esq. Law Offices focuses 100% of our practice on bankruptcy law.    

I always set up an in-person initial meeting.   You are not rushed through this meeting.    I evaluate your finances and other important information to be sure I will be able to advise you whether bankruptcy is best for you.

If bankruptcy is the best option for you, I recommend the right chapter of bankruptcy for you.

Chapter 7 Bankruptcy or Chapter 13 Bankruptcy may be better options rather than a Chapter 11 subchapter V.

You should always understand the bankruptcy process thoroughly before you file bankruptcy.

If you are having financial pressures and/or just living paycheck to paycheck and need help, call me today: 


Ralph A. Ferro, Jr., Esq. (201) 446-5904.

  • There are no cookie-cutter bankruptcy solutions.   Each case and every situation is unique.   So many clients look to or search the internet to learn about the bankruptcy filing process.   Many compare their situation with friends to know about bankruptcy.
  • It is best to come in and allow me the opportunity to review your financial issues and for you to get to know more about bankruptcy and my expertise to guide you.

Read more about how a smaller bankruptcy law firm may benefit you.

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