Judge Thomas B. McNamara of Denver, CO recently widened the door (and the circuit split) as to the types of debtors entitled to seek relief under the Small Business Reorganization Act/Subchapter V of Chapter 11 of the Bankruptcy Code (“SBRA”).…

In the world of bankruptcy, filing a proof of claim on time, i.e. before the claims bar date, is imperative, but filing “stale” claims can result in penalties bigger than claim denial or loss of claim priority.…

The COVID-19 pandemic hit the United States with force in March 2020. As the virus rapidly spread, the federal government responded with temporary changes to the Bankruptcy Code through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). …

Often times creditors will send debtors a reaffirmation agreement in an attempt to assume a lease of personal property. This most commonly happens with vehicle and furniture leases. Not being the wiser, debtors’ counsel has their clients sign these reaffirmation…

The Covid-19 pandemic has affected individuals worldwide and, in response, both federal and state governments have passed orders attempting to provide aid and assistance to those affected the most. Among those orders is the Center for Disease Control and Prevention…

Bankruptcy Judge Edward L. Morris of Fort Worth, TX deepened the split between the circuits as to whether or not a debtor must be currently engaged in business to qualify for reorganization under the Small Business Reorganization Act/Subchapter V of…