The Small Business Reorganization Act of 2019, more commonly known as Subchapter 5 in the bankruptcy world, is another tool that we can use to help your current financial situation.  Subchapter 5 is aimed at Small Business Debtors that want to continue business operations but need help renegotiating and reorganizing the debts that are owed.   Subchapter 5 Small Business Debtors can take advantage of many of the benefits offered to Chapter 13 debtors, which is reserved for personal and not business.  If you are a small business owner and are considering bankruptcy, Subchapter 5 might be right for you.

​​​Subchapter 5