Given the current global health crisis, many small businesses will now be needing the assistance of a Ch. 11 bankruptcy in order to stay in business. Small businesses often struggle to reorganize effectively under Chapter 11 of the Bankruptcy Code. To address this issue, Congress passed the Small Business…
I was super pleased to be interviewed recently on the radio show Money Talks. In our 4/29/20 radio interview, we spent approximately 30 minutes covering some things people can do to address debt during COVID-19. This includes student loan and mortgage forbearances and limitations under the CARES Act, discharging private…
As a small-business owner, you may have been especially hard-hit by the recent global health crisis. When revenue drops unexpectedly, it can be hard to keep a small business afloat. At Arkovich Law, we understand what you are going through. We are committed to helping you reduce your debts and regain…
Many small businesses will take advantage of Paycheck Protection Program (PPP) and other measures to keep afloat for the next couple months. These plans hopefully will result in forgiveness of any funds used for payroll, rent and utilities. But as we all knows, running a small business involves lots of…