Category Archives: Subchapter 5
Subchapter V vs. Chapter 11: Which Option Should Small Businesses Choose?
Most businesses that need to reorganize their debts to regain financial stability have two primary options: file under Subchapter V or Chapter 11. While Subchapter V has been part of the U.S. Bankruptcy Code since 2019, it remains relatively unknown. However, filing under Subchapter V will be the best option for many qualifying businesses,… Read More »
Considering Chapter 11: Key Post-Filing Mistakes to Avoid
Reorganizing a company’s debts under Chapter 11 requires an informed and strategic approach. This applies at all stages of the process. If business owners and executives aren’t careful, they can make mistakes that can have serious financial consequences—including mistakes that can threaten their company’s ability to successfully pursue reorganization in some cases. Learn more… Read More »
Subchapter V Debt Limit in 2026: Is Your Business Eligible to File?
Subchapter V of the U.S. Bankruptcy Code allows qualifying small businesses to reorganize their debts without going through the full Chapter 11 reorganization process. The Subchapter V “small business bankruptcy” process significantly reduces time and costs, as it eliminates many of the more burdensome requirements that apply in traditional Chapter 11 cases. Learn more… Read More »
Considering Chapter 11: Key Pre-Filing Mistakes to Avoid
Filing for bankruptcy under Chapter 11 requires an informed and strategic approach. While reorganizing a business’s debts under Chapter 11 can have significant long-term financial benefits, it isn’t necessarily the best option in all scenarios—and, when it is the best option, mistakes early in the process can lead to unnecessary (and costly) issues later… Read More »
Filing for Chapter 11 in 2026: Key Insights for Florida Business Owners
In the right circumstances, reorganizing a business’s debts under Chapter 11 can be an effective way to restore its financial stability and position it for future success. Numerous businesses in Florida reorganize under Chapter 11 every year, and many well-known companies have used the reorganization process to put themselves back on a solid financial… Read More »
How Do I Make Sure Filing Under Chapter 11 is the Right Choice for My Business?
While reorganizing under Chapter 11 can be a viable path forward for financially struggling businesses, it isn’t the right choice in all scenarios. When contemplating reorganization, business owners need to ensure they make informed, strategic decisions—whether that ultimately means filing under Chapter 11 or pursuing an alternative. With this in mind, how can you… Read More »
Subchapter V: A Closer Look at the “Small Business” Bankruptcy Process
For many companies that are struggling to stay afloat, pursuing a Subchapter V “small business” bankruptcy can provide a viable path toward regaining financial stability. Pursuing a Subchapter V bankruptcy involves reorganizing a company’s debts, similar to pursuing a traditional business bankruptcy under Chapter 11. However, the costs are significantly lower, and there are… Read More »
Business Bankruptcy vs. Assignment for the Benefit of Creditors (ABC): Key Considerations for Struggling Businesses
While struggling businesses have a variety of options for dealing with financial distress, two of the primary options in this scenario are: (i) pursuing a business bankruptcy under Chapter 7 or Chapter 11; and (ii) pursuing an assignment for the benefit of creditors (ABC). Each of these options presents its own unique set of… Read More »
What Are the Different Types of Business Bankruptcies?
If your business is in financial distress, filing for bankruptcy could be the best option. Filing for bankruptcy provides immediate relief from creditors’ collection efforts, and, depending on the type of business bankruptcy you choose, going through the process could be a cost-effective way to either wind up your business’s operations or restructure your… Read More »
2024 Year in Review: Key Insights for South Florida Business Owners Considering Bankruptcy in 2025
In 2024, we published several articles on our blog focused specifically on providing information to business owners and executives who are considering a corporate bankruptcy. Here is a look back at some of the key insights our Miami bankruptcy litigation attorneys shared during the year: Understanding the Basics of a Small Business Bankruptcy Under… Read More »