In this episode I talk about some of the basic differences in a regular chapter 11 and the more recent Chaper 11, Sub Chapter V, which was created to better fit small businesses.
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In this episode I talk about some of the basic differences in a regular chapter 11 and the more recent Chaper 11, Sub Chapter V, which was created to better fit small businesses.
In this episode I'll either bore you or confuse you with the concept of what we call The Means Test, which applies in every consumer bankruptcy case. You can't get away from it, so you may as well learn more about it and embrace this wonderful form that Congress created in 2005. Boo, Hiss! There is no explicit language in this podcast, but the Means Test will make you want to swear!
Bankruptcy 101
In this episode I talk about some of the basic differences in a regular chapter 11 and the more recent Chaper 11, Sub Chapter V, which was created to better fit small businesses.
