Bankruptcy
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Bankruptcy

In February, the Small Business Debt Reorganization Act went into effect, substantially modifying the provisions, procedures, and rights of debtors and creditors in small business bankruptcy reorganization cases. This new law amends Chapter 11 of the US Bankruptcy Code by creating Subchapter V, an alternative...

As with every other major decision in your life, filing for bankruptcy is something you need consider carefully. Weighing your options, understanding the effects bankruptcy will have, and deciding what is best for you all take time. Talking to your lawyer, your family, and thinking...