Introduction
Subchapter V is a streamlined version of Chapter 11 designed for small businesses with less
debt. It makes the bankruptcy process faster, simpler, and less expensive.
 

Who Qualifies

 

• Businesses with debts under certain limits.

• Owners who want to reorganize quickly and keep control.

 

How the Process Works

• File a petition and propose a repayment plan.

• A trustee helps oversee the case.

• Court approval of the plan leads to discharge of qualifying debts.

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Benefits

• Faster and less costly than traditional Chapter 11.

• Keeps business owners in control.

• Helps small businesses recover without liquidation.

 

Next Steps
Our team guides owners through the Subchapter V process to protect assets and simplify the path
to recovery.