Tag Archives: property
How to Meet Subchapter V’s Engaged-in-Business Requirement
Subchapter V, created by the Small Business Reorganization Act of 2019, is a streamlined remedy designed for small businesses to reorganize faster and less expensively than in a traditional Chapter 11 proceeding. Businesses that qualify can obtain protection from creditors and restructure debt based on a self-created plan within the course of three or five […]
Defenses to a Motion for Relief from the Chapter 11 Automatic Stay
In a Chapter 11, the automatic stay is a critical protection that halts all collection activities by creditors against the debtor, such as foreclosures, repossessions or lawsuits. It takes effect immediately upon the filing of the bankruptcy petition and remains in force until the case is closed or dismissed or until a discharge is granted […]
