Category: Subchapter V

Subchapter V attorney in New Jersey: a small business guide to the Camden vicinage

Subchapter V is the small business reorganization track in Chapter 11. Congress added it through the Small Business Reorganization Act of 2019 to give…

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

Discharge is the moment in a bankruptcy case when the court formally wipes out the debts the debtor was carrying. In Subchapter V, when…

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. Eligibility gets the business through the door, but the plan is the document that…

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

The first question most owners ask about Subchapter V, after "can I keep the business open," is "what is this going to cost me?"…

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

Owners who hear the word "trustee" usually picture someone showing up to take over the business. In Subchapter V of Chapter 11, 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…