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Tag: financial stress

Subchapter V Bankruptcy Protection May Be the Key to Survival for Today’s Many Struggling Businesses

Posted on October 28, 2020 by admin

By James J. Talerico, Jr.    The American Bankruptcy Institute (ABI) predicts a future surge in small business bankruptcy filings.  The Small Business Reorganization Act (SBRA) of 2019 – which Congress passed last summer and enacted into law in February when the Covid-19 pandemic began – amended the Chapter 11 bankruptcy code and now offers …

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