AVOIDING (BUT PLANNING FOR) BANKRUPTCY 101 IN THE AGE OF COVID-19
July 28, 2020by Robert M. Bovarnick
No small business wants to file for bankruptcy. Even though a chapter 11 filing allows for reorganization, not having to file is the preferred course. What about in the age of Covid-19? While the current state of affairs, as well as the new Small Business Reorganization Act, makes a chapter 11 a better option, good planning may be able to keep your company from having to file.