Small Business Bankruptcy Under Subchapter V: Overview | Practical Law

Small Business Bankruptcy Under Subchapter V: Overview | Practical Law

This Practice Note provides an overview of the Subchapter V provisions of Chapter 11 enacted under the Small Business Reorganization Act for small business debtors. This Note addresses the significant provisions of Subchapter V, including qualifications for being a Subchapter V debtor, duties and powers of a Subchapter V debtor and a Subchapter V trustee, plan requirements and deadlines, and various considerations for electing to be a Subchapter V debtor.

Small Business Bankruptcy Under Subchapter V: Overview

Practical Law Practice Note Overview w-023-8889 (Approx. 50 pages)

Small Business Bankruptcy Under Subchapter V: Overview

by Michael J. Riela, Genworth Financial, Inc. with Practical Law Bankruptcy & Restructuring
Maintained • USA (National/Federal)
This Practice Note provides an overview of the Subchapter V provisions of Chapter 11 enacted under the Small Business Reorganization Act for small business debtors. This Note addresses the significant provisions of Subchapter V, including qualifications for being a Subchapter V debtor, duties and powers of a Subchapter V debtor and a Subchapter V trustee, plan requirements and deadlines, and various considerations for electing to be a Subchapter V debtor.