Category: Chapter 11

When Does Subchapter V Discharge Your Debt? Timing and Requirements for PA and NJ Small Businesses

In Subchapter V, when your debt is actually wiped out depends on how the plan gets confirmed. A consensual plan can deliver discharge at…

What’s in a Subchapter V Reorganization Plan? A Guide for New Jersey and Pennsylvania Small Businesses

The plan is the heart of a Subchapter V case. It is the written document that restructures the debt, and everything after the petition…

How Much Does a Subchapter V Bankruptcy Case Cost? PA and NJ Small Business Guide

What a Subchapter V case actually costs: the court filing fee, attorney fees, and the trustee's compensation, and what drives each of them up…

What Does a Subchapter V Trustee Do? A Guide for New Jersey and Pennsylvania Small Businesses

In Subchapter V, the trustee does not take over your business. The owner keeps running the company and keeps making the decisions. The trustee…

Subchapter V vs. Chapter 7 vs. Chapter 13: Which Bankruptcy Fits Your Small Business in PA or NJ?

When a small business in Pennsylvania or New Jersey gets into trouble, the owner usually faces a stack of debt at two levels: the…

How Subchapter V Lets You Cram Down Business Debt and Keep Operating

For a small business in Pennsylvania or New Jersey carrying more debt than it can pay, the question is not always "can we settle…

Do You Qualify for Subchapter V Bankruptcy? Eligibility Rules for New Jersey and Pennsylvania Small Businesses

If you run a small business in Pennsylvania or New Jersey and the math has stopped working, you have probably heard that Subchapter V…

What Happens to SBA Loans in Chapter 11 Subchapter V Bankruptcy? A Guide for New Jersey and Pennsylvania Business Owners

Chapter 11 Subchapter V treats an SBA loan as business debt handled inside the reorganization plan. The owner keeps control, and the loan can…