Chapter 11 Subchapter V is a relatively new type of bankruptcy created by the Small Business Reorganization Act of 2019 (SBRA). It is designed to make the Chapter 11 bankruptcy process more accessible ...
In the United States, Chapter 7 bankruptcy is a legal process where a debtor’s assets are liquidated to pay off their debt. A Chapter 7 bankruptcy trustee is a person appointed by the court to ...
Filing for bankruptcy can stop wage garnishment in most cases. When a person files for bankruptcy, an “automatic stay” goes into effect. The stay is a court order that immediately stops most ...
