New York Bankruptcy Lawyer Blog
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The Manhattan NY based boutique law firm of Starr & Starr, PLLC focuses on Bankruptcy Law, Collections and Civil Litigation matters. We help debtors and creditors, collection agencies, companies including small businesses and entrepreneurs, individuals and families with their bankruptcy, collections and litigation matters.
New York Bankruptcy Lawyer Blog
4y ago
As a result of the COVID-19 pandemic, Congress amended the Bankruptcy Code and passed the “Coronavirus Aid, Relief, and Economic Security Act” also known as the “CARES Act”, which was signed into law by the President on March 27, 2020. Specific amendments were made to Subchapter V of Chapter 11 of the Bankruptcy Code to change and expand the availability of small business bankruptcy relief. Subchapter V is a relatively new section of the Bankruptcy Code that became effective earlier this year prior to the COVID-19 outbreak to make it easier for small businesses to successfully reor ..read more