by Jay Silverberg | Jan 7, 2021 | Bankruptcy, Blog
Subchapter 5 bankruptcies are a relatively new type of bankruptcy proceeding created by the Small Business Reorganization Act (“SBRA”) — 11 U.S.C. §§ 1181, et seq. The SBRA was passed by Congress in late 2019 and became effective in mid-February 2020. Subchapter 5...
by Jay Silverberg | Jan 1, 2021 | Blog
If you own a New Jersey business with less than $7.5 million in qualified debt and you are considered filing for bankruptcy protection, time is running out to file under Subchapter 5. With the continuation of the COVID-19 pandemic, many small businesses are struggling...
