Due to current events, your small business may be facing bleak prospects in the short term, no matter how strong your business is overall. Depending on your circumstances, this could be a good time to consider filing for bankruptcy. If there is little hope that you...
Chapter 11 expanded for small businesses
For some time, filing Chapter 11 was out of the question for many small businesses. The process of reorganizing your business under a Chapter 11 filing can be costly and untenable for those companies with fewer assets. This complicated process is something that a...
How The CARES Act Impacts Consumer Bankruptcies
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted into law on March 27, 2020 as Congress rushed to address the economic fallout from the COVID-19 virus. Although most media attention was paid to the $2.2 trillion stimulus package, the...
