In a hope to streamline the bankruptcy process for insolvent small businesses and rehabilitate their financial affairs under Chapter 11 bankruptcy, Congress enacted the Small Business Reorganization Act of 2019. This act will go into effect on February 19, 2020. The act contains a new subchapter V for Chapter 11 small business debtors, which allows […]
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Entries by John Redfield
Debt, especially when it is more than you can handle, is one of the most stressful things you can face in life. A Chicago, IL bankruptcy lawyer can help you get a handle on debt and start fresh with your finances. Having a list of questions ready for your initial meeting with a Chicago, IL […]