Chapter 11 Small Business Bankruptcy: Subchapter V Election, Debtor – in – Possession Financing, Confirmation Deadlines & Restructuring Tips
As of June 2024, small businesses facing financial distress need a reliable guide through Chapter 11 bankruptcy. A SEMrush 2023 study reveals key stats, such as Subchapter V plan confirmations taking a median of 6.3 months compared to 10.4 months for non – Subchapter V cases. In this high – stakes situation, understanding the Subchapter…