The new subchapter V of chapter 11 of the Bankruptcy Code.

A lot has been written about Subchapter V. It makes chapter 11 reorganization more feasible and more affordable for a small business if the circumstances are right. To discuss whether this may be a remedy for your small business, contact the lawyers who wrote “Representing Small Business Debtors in Bankruptcy”, a chapter in “Handling Consumer and Small Business Bankruptcies in Michigan”, published by ICLE. The authors are Thomas R. Morris and Geoffrey L. Silverman.

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