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Subchapter V Serves Up Help for Independent Restaurateurs and Small Business Owners

If you own a restaurant, you can do everything right—offer great food and service, operate in a prime location, and have a sound business plan—and still struggle to pay your debts because of conditions outside of your control, particularly during a global pandemic. Subchapter V might be the key to recovery.

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Will Filing Bankruptcy Stop Litigation?

When an individual or a business files bankruptcy an “automatic stay” or “injunction” goes in effect. The purpose of the stay is to prevent a creditors’ ‘race to the courthouse’ and a diminution of the debtor’s assets that leaves some creditors holding an empty bag.

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Drowning in Student Debt?

You are not alone. More than 42 million Americans have student loan debt. Educational loans have become the largest source of unsecured debt in the United States. Americans owe more than $1.5 trillion in student loan debt, outpacing credit card debt in the past few years.

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Types of Bankruptcy

You can choose the kind of bankruptcy that fits your needs

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Do’s and Dont’s

The do's and dont's of bankruptcy

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